News Releases

Comerica Directors Declare Dividend

DETROIT, Nov. 26 /PRNewswire-FirstCall/ -- The Board of Directors of
Comerica Incorporated (NYSE: CMA) today declared a quarterly cash dividend of
forty-eight cents ($0.48) per share. The dividend is payable January 1, 2003,
to shareholders of record December 15, 2002.

(Photo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )

Comerica Incorporated is a financial services company focused on business
banking and asset gathering. Through its more than 500 customer-service
locations, including branch, lending and investment offices, Comerica helps
businesses and people be successful. Comerica is ideally positioned to
deliver high quality financial services in Michigan, California and Texas, as
well as in Florida, numerous other states, Canada and Mexico. Comerica has an
investment services affiliate, Munder Capital Management, ranked among the top
money managers worldwide. Comerica reported total assets of $53 billion at
September 30, 2002.

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