NationsBank Corporation
NationsBank Corporate Center
Charlotte, NC 28255



NATIONSBANK                             NEWS RELEASE



FOR IMMEDIATE RELEASE


Sept. 18, 1996 -- NationsBank today said it has entered into
agreements for the underwritten public offering of $1.45 billion
in non-callable notes to be issued in three separate series:

* $500 million in five-year senior notes due September 2001;

* $500 million in 10-year subordinated notes due September 2006;

* $450 million in 20-year subordinated notes due September 2016.

The notes will be sold under shelf registrations for corporate
debt securities and preferred and common stock previously
declared effective by the Securities and Exchange Commission.

Net proceeds from the sale of the notes will be used in
connection with the merger with Boatmen's Bancshares Inc., a
transaction announced Aug. 30.

The 5-year senior notes have a coupon interest rate of 7 percent
and wil be sold by underwriters led by NationsBanc Capital
Markets, Inc., Chase Securities Inc., CS First Boston, Goldman,
Sachs & Co., and Stephens Inc.  Closing is scheduled for Sept.
24, 1996.

The 10-year notes have a coupon interest rate of 7 1/2 percent,
and the 20-year notes have a coupon interest rate of 7.80
percent.  Both subordinated note issues will be sold through
underwriters led by NationsBanc Capital Markets, Inc., Lehman
Brothers, Merrill Lynch & Co., Morgan Stanley & Co., and UBS
Securities.  Closing is scheduled for Sept. 24, 1996.

NationsBank Corporation is the fifth-largest U.S. banking
company, with $192 billion in assets at June 30, 1996, and full-
service banking centers in nine states and the District of
Columbia.



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Media contact:   Martha Larsh    (704) 388-4379