PNC Declares Dividend of 63 Cents on Common Stock

PITTSBURGH, Jan. 3 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that the board of directors declared a quarterly cash dividend of 63 cents per share on the common stock. The dividend is payable Jan. 24, 2008 to shareholders of record at the close of business Jan. 11, 2008.

The board also declared a quarterly cash dividend on the following preferred stocks:

    -- Series A and B: a dividend of 45 cents per share will be payable March
       10, 2008 to shareholders of record at the close of business Feb. 15,
       2008.
    -- Series C: a dividend of 40 cents per share will be payable April 1,
       2008 to shareholders of record at the close of business Feb. 29, 2008.
    -- Series D: a dividend of 45 cents per share will be payable April 1,
       2008 to shareholders of record at the close of business Feb. 29, 2008.

The PNC Financial Services Group, Inc. (http://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 January 3, 2008