News Releases

Comerica Bank Lowers Prime Rate

DETROIT, May 15 /PRNewswire/ -- Comerica Bank (Michigan) announced it has
lowered its prime rate to 7.00 percent from 7.50 percent, effective tomorrow,
May 16, 2001.

Comerica Bank, the largest bank in Michigan, is a subsidiary of Comerica
Incorporated (NYSE: CMA), a multi-state financial services provider
headquartered in Detroit, with banking subsidiaries in Michigan, California
and Texas, banking operations in Florida, and businesses in several other
states. Comerica has an investment services affiliate, Munder Capital
Management, and operates banking subsidiaries in Canada and Mexico. Comerica
reported total assets of $50 billion at March 31, 2001.