PNC Shareholders Elect Three New Directors

PITTSBURGH, April 24 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Richard O. Berndt, Charles E. Bunch and Donald J. Shepard have been elected to its Board of Directors and the Board of its principal banking subsidiary - PNC Bank, National Association.

Mr. Berndt is managing partner of Gallagher Evelius & Jones LLP, a law firm based in Baltimore, Maryland.

Mr. Bunch is chairman and chief executive officer of PPG Industries, Inc., a global supplier of paints, coatings, chemicals, optical products, specialty materials, glass and fiber glass.

Mr. Shepard is chairman of the executive board and chief executive officer of AEGON, N.V., one of the world's largest life insurance and pension companies and a provider of investment products.

Messrs. Berndt and Shepard also served on the board of directors of Mercantile Bankshares Corporation.

"Our three new board members bring a wealth of experience to PNC." said James E. Rohr, chairman and chief executive officer of PNC. "We have added the perspectives of two current chief executive officers of public companies, and with two former directors of Mercantile, we gain a deeper understanding of our new Baltimore marketplace."

Mr. Berndt joined Gallagher Evelius & Jones LLP in 1968 and has been the managing partner of the firm since 1976. He counsels healthcare, educational, religious and corporate clients on a wide variety of issues including financing, strategic business planning and corporate structures. He serves on numerous corporate and civic governing bodies, including the boards of Municipal Mortgage & Equity, LLC and Johns Hopkins Medicine.

Mr. Berndt received his bachelor degree from Villanova University in 1964, JD from the University of Maryland School of Law in 1967 and MA from Johns Hopkins University in 1970.

Mr. Bunch joined PPG in 1979 and held various positions with the company, both in the United States and internationally. In 1997, he was elected senior vice president of strategic planning and corporate services, and was named executive vice president, coatings, in 2000. Mr. Bunch was named president and chief operating officer of PPG in 2002, chief executive officer in March 2005, and chairman and chief executive officer in July of that year.

A native of Philadelphia, Bunch received a degree in international affairs from Georgetown University and a master's degree in business administration from the Harvard University Graduate School of Business Administration. He is a member of the board of directors of the H.J. Heinz Company and a member of the University of Pittsburgh's board of trustees. Mr. Bunch is also a former director and chairman of the Federal Reserve Bank of Cleveland.

Mr. Shepard began his career with Life Investors in 1970, and served in various management and executive functions with Life Investors, until that entity was consolidated in 1989 to form AEGON USA. Mr. Shepard was president and chief executive officer of AEGON USA, Inc. from February 1989 until April 2002. In 1992, Mr. Shepard became a member of the executive board of AEGON N.V., and he was appointed chairman of the executive board in 2002. Mr. Shepard is also a member of the board of directors of CSX Corporation as well as a trustee of Johns Hopkins Medicine and Johns Hopkins University. He received his MBA from the University of Chicago.

    In addition, PNC shareholders re-elected the following directors:

    -- Paul W. Chellgren, operating partner of SPG Partners, LLC
    -- Robert N. Clay, president and chief executive officer of Clay Holding
       Company
    -- George A. Davidson, retired chairman of Dominion Resources, Inc.
    -- Kay Coles James, president and founder of The Gloucester Institute
    -- Richard B. Kelson, operating advisor of Pegasus Capital Advisors, L.P.
    -- Bruce C. Lindsay, chairman and managing member of 2117 Associates, LLC
    -- Anthony A. Massaro, retired chairman and chief executive officer of
       Lincoln Electric Holdings, Inc.
    -- Jane G. Pepper, president of Pennsylvania Horticultural Society
    -- James E. Rohr, chairman and chief executive officer of PNC
    -- Lorene K. Steffes, independent business advisor
    -- Dennis F. Strigl, president and chief operating officer of Verizon
       Communications Inc.
    -- Stephen G. Thieke, retired chairman, Risk Management Committee of
       JPMorgan Incorporated
    -- Thomas J. Usher, chairman of Marathon Oil Corporation
    -- George H. Walls, Jr., former chief deputy auditor of the State of North
       Carolina
    -- Helge H. Wehmeier, retired president and chief executive officer of
       Bayer Corporation

Additionally, the shareholders adopted proposals to approve The PNC Financial Services Group, Inc. 1996 Executive Incentive Award Plan, as amended and restated effective as of January 1, 2007 and to ratify the Audit Committee's selection of PricewaterhouseCoopers LLP as PNC's independent auditors for 2007.

The PNC Financial Services Group, Inc. (http://www.pnc.com) is one of the nation's leading 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 April 24, 2007