DETROIT, Jul 24, 2002 /PRNewswire-FirstCall via COMTEX/ -- The Board of
Directors of Comerica Incorporated (NYSE: CMA) declared a quarterly cash
dividend of forty-eight cents ($0.48) per share. The dividend is payable October
1, 2002, to shareholders of record September 15, 2002.

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

Comerica Incorporated is a financial services company headquartered in Detroit.
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 $51 billion at June 30, 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
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PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840

URL: http://www.comerica.com
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