North Jersey Affiliate of Susan G. Komen Breast Cancer Foundation Receives $10,000 Donation from Tyco International

Donation sponsored by Wachovia part of the 2006 AFP Pinnacle Award

SUMMIT, NJ - November 30, 2006 - Tyco International today presented a $10,000 donation to the Susan G. Komen Breast Cancer Foundation North Jersey Affiliate as part of its recognition as the Grand Prize winner in the 2006 Association for Financial Professionals (AFP) Pinnacle Award program sponsored by Wachovia.

The AFP Pinnacle Awards are presented annually to organizations whose finance and treasury professionals have developed innovative solutions to address cash management and financial challenges. The Grand Prize winner selects a charity to receive a donation on its behalf from Wachovia. Tyco selected the Komen North Jersey Affiliate to receive its $10,000 donation.

"Wachovia is proud to sponsor the AFP Pinnacle Award for the tenth consecutive year," said Wachovia Treasury Services Senior Vice President Linda A. Cascardo, who presented the donation on behalf of Tyco and the AFP. "Tyco's selection of the Komen North Jersey Affiliate exemplifies the spirit of shared success and innovation. Tyco's award-winning program is a prime example of how technology and teamwork can improve efficiency and create solutions for a company. Similarly, Komen, founded on a promise made between two sisters, is a global leader in the fight against breast cancer. We are especially honored to have the opportunity to recognize the great efforts of these two organizations."

Tyco won the AFP Pinnacle Grand Prize and the award for Innovation for the treasury team's creation and implementation of an internet-accessible treasury portal. The team was challenged to create a centralized automated process for managing all contingent liabilities. The solution provides Tyco the ability to control the entire contingent liability process and maintain easy communication with its global network of employees and banks.

"Tyco is honored to be awarded the AFP Pinnacle Award in recognition of our efforts and contribution to the treasury profession," said Kathleen Sabia-Cahill, Tyco's Director Banking & Cash Management Corporate Treasury. "The implementation of our award- winning program was a great success for our company and we are pleased to have the opportunity to share this success with the community through this donation. The Komen North Jersey Affiliate, since it was established 10 years ago, has been an outstanding example of an organization that is making a difference in the community."

"We congratulate Tyco International as the Grand Prize winner of the 2006 AFP Pinnacle Award, and are most honored to have been chosen as the charity to receive the $10,000 donation", said Deb Belfatto, Komen North Jersey Affiliate Executive Director. "Tyco's generous support will enable us to expand our grant initiatives to ensure that all women, regardless of their socio-economic status have equal access to quality breast health care."

"Financial professionals are increasingly being called on to provide strategic solutions and develop business functions that drive efficiency and success across their organization," said Jim Kaitz, President and CEO of the Association for Financial Professionals. "The Pinnacle Award recognizes that dynamic solutions are being implemented by treasury and finance professionals. A unique part of the program is the donation to a local charity in recognition of the winner. We congratulate Tyco International as the Grand Prize winner and are pleased to join with our sponsor Wachovia in presenting this donation to an organization, the Susan G. Komen Breast Cancer Foundation North Jersey Affiliate, which is making such a meaningful contribution to the community."

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Note to editors: Photos of the presentation ceremony are available on request from Allan Jordan at (646) 284-9400 or ajordan@hfgcg.com

About AFP

The Association for Financial Professionals in Bethesda, Maryland, supports more than 15,000 individual members from a wide range of industries throughout all stages of their careers in various aspects of treasury and financial management. AFP is the daily resource for financial professionals for continuing education, financial tools and publications, career development, certifications, research, representation to legislators and regulators, and the development of industry standards.

About Wachovia Corporation

Wachovia Corporation (NYSE:WB) is one of the nation's largest diversified financial services companies, providing a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services. Including the Golden West merger, which closed on October 1, 2006, Wachovia has retail and commercial banking operations in 21 states with 3,400 retail banking offices from Connecticut to Florida and west to Texas and California. In addition, two core businesses operate under the Wachovia Securities brand name: retail brokerage with 737 offices in 49 states and in Latin America, and corporate and investment banking in selected industries nationwide. Other nationwide businesses include mortgage lending in 39 states and auto finance covering 46 states. Globally, Wachovia serves clients through more than 40 international offices. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com, and investment products and services at evergreeninvestments.com. At September 30, 2006, Wachovia had assets of $559.9 billion and market capitalization of $88.2 billion. On the same date, based on pro forma data, Wachovia's combined assets were approximately $700 billion and combined market capitalization was $107 billion.

About Tyco International

Tyco International Ltd. is a global, diversified company that provides vital products and services to customers in four business segments: Electronics, Fire & Security, Healthcare and Engineered Products & Services. With 2006 revenue of $41 billion, Tyco employs approximately 250,000 people worldwide. More information on Tyco can be found at www.tyco.com.

About Susan G. Komen Breast Cancer Foundation, North Jersey Affiliate

Located in Summit, New Jersey, the North Jersey Affiliate of the Susan G. Komen Breast Cancer Foundation was founded in June 1997 on a promise "to make a difference" to a ten-year-old daughter who lost her mother to breast cancer. A decade later, the Affiliate leads community-based breast health programs in a nine-county service area: Bergen, Essex, Hudson, Morris, Passaic, Somerset, Sussex, Union, Warren, in New Jersey.

The Susan G. Komen Breast Cancer Foundation was founded in 1982 on a promise made between two sisters - Susan Goodman Komen and Nancy Goodman Brinker. More than 20 years later, the Komen Foundation is a global leader in the fight against breast cancer through its support of innovative research and community-based outreach programs. Working through a network of U.S. and international Affiliates and events like the Komen Race for the CureŽ, the Komen Foundation is fighting to eradicate breast cancer as a life-threatening disease by funding research grants and supporting education, screening and treatment projects in communities around the world. Today, the Foundation celebrates the power of a promise and how a single person's vision can make a difference in the lives of millions.