News Releases

Comerica Directors Declare Dividend

DETROIT, May 21, 2002 /PRNewswire-FirstCall via COMTEX/ -- 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 July 1,
2002, to shareholders of record June 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, 19 other states, Canada and Mexico. Comerica has an investment services
affiliate, Munder Capital Management, ranked among the top 5 percent of money
managers worldwide. Comerica reported total assets of $50 billion at March 31,
2002.

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SOURCE Comerica Incorporated

CONTACT:
Media Contacts: Sharon R. McMurray, +1-313-222-4881, or
Wayne J. Mielke, +1-313-222-4732,
Investor Contacts: Judith S. Love, +1-313-222-2840, or
Judith M. Chavis, +1-313-222-6317, all of Comerica Incorporated
/Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO
PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840

URL: http://www.comerica.com
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