DETROIT, Jan. 23 /PRNewswire/ -- The Board of Directors of Comerica
Incorporated (NYSE: CMA) increased the quarterly cash dividend for common
stock by 10 percent to forty-four cents ($0.44) per share. The dividend is
payable April 1, 2001, to shareholders of record March 15, 2001.

"Comerica has increased its annual dividend for 32 consecutive years,"
said Eugene A. Miller, chairman, president and chief executive officer. "This
reflects our strong financial performance and solid capital position."

Comerica Incorporated is 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
Incorporated reported total assets of $42 billion at December 31, 2000.
SOURCE Comerica Incorporated

CONTACT: Media: Sharon R. McMurray, 313-222-4881, Wayne J. Mielke,
313-222-4732, or Investors: Judith S. Love, 313-222-2840, all of Comerica
Incorporated/