PNC Completes TARP Repayment

PITTSBURGH, Feb. 10 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that it has redeemed $7.6 billion of Series N preferred shares held by the United States Treasury under the Troubled Asset Relief Program's Capital Purchase Program.

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; residential mortgage 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.

CONTACTS:



MEDIA:

Fred Solomon

(412) 762-4550

corporate.communications@pnc.com



INVESTORS:

William H. Callihan

(412) 762-8257

investor.relations@pnc.com

SOURCE The PNC Financial Services Group, Inc.