News Releases

Comerica Directors Declare Dividend

DETROIT, May 21 /PRNewswire/ -- The Board of Directors of Comerica
Incorporated (NYSE: CMA) today declared a quarterly cash dividend of thirty-
six cents ($0.36) per share. The dividend is payable July 1, 1999, to
shareholders of record June 15, 1999.

Comerica Incorporated is a diversified financial services provider
headquartered in Detroit that operates banking subsidiaries in Michigan,
California and Texas, banking operations in Florida, and businesses in seven
other states. Comerica also operates banking subsidiaries in Canada and
Mexico. Comerica, celebrating its 150th anniversary in 1999, reported total
assets of $36 billion at March 31, 1999.

Media Contacts:
Investor Contact:

Sharon R. McMurray
Allison T. McFerren
(313) 222-4881 (313) 222-6317

Wayne J. Mielke
(313) 222-4732