Exhibit 99.1
[FORM OF FACE OF RECEIPT]
DEPOSITARY SHARES
DR
DEPOSITARY RECEIPT FOR DEPOSITARY SHARES EACH
REPRESENTING 1/4,000TH OF ONE SHARE OF
9.875% FIXED-TO-FLOATING RATE NON-CUMULATIVE PREFERRED STOCK, SERIES L,
OF
THE PNC FINANCIAL SERVICES GROUP, INC.
INCORPORATED UNDER THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA
CUSIP
693475 881
SEE REVERSE FOR CERTAIN DEFINITIONS
Wilmington Trust Company, as Depositary
(the Depositary), hereby certifies that Cede & Co.
is the registered owner of 6,000,000 DEPOSITARY SHARES (Depositary Shares), each Depositary Share
representing 1/4,000th of one share of 9.875% Fixed-to-Floating Rate Non-Cumulative Preferred
Stock, Series L, no par value, liquidation preference $100,000 per share, (the Stock), of The PNC
Financial Services Group, Inc., a Pennsylvania corporation (the Corporation), on deposit with the
Depositary, subject to the terms and entitled to the benefits of the Deposit Agreement dated as of
January 30, 2008 (the Deposit Agreement), among the Corporation (as successor-in-interest to
National City Corporation), the Depositary, National City Bank, as transfer agent and the holders
from time to time of the Depositary Receipts. By accepting this Depositary Receipt, the holder
hereof becomes a party to and agrees to be bound by all the terms and conditions of the Deposit
Agreement. This Depositary Receipt shall not be valid or obligatory for any purpose or entitled to
any benefits under the Deposit Agreement unless it shall have been executed by the Depositary by
the manual signature of a duly authorized officer or, if executed in facsimile by the Depositary,
countersigned by a Registrar in respect of the Depositary Receipts by the manual signature of a
duly authorized officer thereof.
This Depositary Receipt is transferable in New York, New York.
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Dated: December 31, 2008 |
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Wilmington Trust Company, Depositary |
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By: |
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Authorized Officer
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1
[FORM OF REVERSE OF RECEIPT]
THE PNC FINANCIAL SERVICES GROUP, INC.
THE PNC FINANCIAL SERVICES GROUP, INC. WILL FURNISH WITHOUT CHARGE TO EACH RECEIPTHOLDER WHO
SO REQUESTS A COPY OF THE DEPOSIT AGREEMENT AND A COPY OR SUMMARY OF THE CERTIFICATE OF
DESIGNATIONS ESTABLISHING THE 9.875% FIXED-TO-FLOATING RATE NON-CUMULATIVE PREFERRED STOCK, SERIES
L, OF THE PNC FINANCIAL SERVICES GROUP, INC. ANY SUCH REQUEST IS TO BE ADDRESSED TO THE
DEPOSITARY NAMED ON THE FACE OF THIS RECEIPT.
The Corporation will furnish without charge to each stockholder who so requests the powers,
designations, preferences and relative, participating, optional or other special rights of each
class of stock or series thereof of the Corporation, and the qualifications, limitations or
restrictions of such preferences and/or rights. Such request may be made to the Corporation or to
the Transfer Agent.
EXPLANATION OF ABBREVIATIONS
The following abbreviations when used in the form of ownership on the face of this certificate
shall be construed as though they were written out in full according to applicable laws or
regulations. Abbreviations in addition to those appearing below may be used.
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Abbreviation |
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Equivalent Phrase |
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Abbreviation |
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Equivalent Phrase |
JT TEN
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As joint tenants, with right of survivorship
and not as tenants in common
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TEN BY ENT
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As tenants by the entireties |
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TEN IN COM
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As tenants in common
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UNIF GIFT MIN ACT
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Uniform Gifts to Minors Act |
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Abbreviation |
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Equivalent Word |
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Abbreviation |
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Equivalent Word |
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Abbreviation |
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Equivalent Word |
ADM
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Administrator(s),
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EX
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Executor(s), Executrix
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PAR
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Paragraph |
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Administratrix |
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AGMT
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Agreement
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FBO
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For the benefit of
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PL
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Public Law |
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ART
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Article
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FDN
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Foundation
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TR
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(As) trustee(s), for, of |
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CH
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Chapter
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GDN
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Guardian(s)
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U
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Under |
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CUST
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Custodian for
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GDNSHP
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Guardianship
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UA
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Under agreement |
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DEC
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Declaration
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MIN
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Minor(s)
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UW
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Under will of, Of will of,
Under last will &
testament |
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EST
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Estate, of Estate of |
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2
For value received, hereby sell(s), assign(s) and transfer(s) unto
PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE
PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS INCLUDING POSTAL ZIP CODE OF
ASSIGNEE
Depositary Shares represented by the within Receipt, and do(es) hereby irrevocably constitute and
appoint Attorney to transfer the said Depositary Shares on the books of the within named
Depositary with full power of substitution in the premises.
Dated:
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NOTICE: The signature to the assignment must
correspond with the name as written upon the face of
this Receipt in every particular, without alteration
or enlargement or any change whatsoever. |
SIGNATURE GUARANTEED
NOTICE: The signature(s) should be guaranteed by an eligible guarantor institution (banks,
stockbrokers, savings and loan associations, and credit unions with membership in an approved
signature guarantee medallion program), pursuant to Rule 17Ad-15 under the Securities Exchange Act
of 1934.
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