PNC Changes Prime Rate

PITTSBURGH, Oct. 31 /PRNewswire-FirstCall/ -- PNC (NYSE: PNC) announced a decrease of 1/4 percent in its prime lending rate. The new rate of 7.50 percent is effective today, October 31, 2007.

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the nation's largest diversified financial services organizations providing retail and business banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.

SOURCE The PNC Financial Services Group, Inc.

Released October 31, 2007