Exhibit 24.2 POWER OF ATTORNEY PNC FUNDING CORP Shelf Registration KNOW ALL MEN BY THESE PRESENTS, that each of the undersigned Directors and/or Officers of PNC Funding Corp (the "Corporation") hereby names, constitutes and appoints Randall C. King or Thomas R. Moore, or either of them, individually, with full power of substitution, such person's true and lawful attorney-in-fact and agent to execute in such person's name, place and stead, in any and all capacities, a Registration Statement on Form S-3 (or other appropriate form) for the registration under the Securities Act of 1933, as amended, of up to $1,500,000,000 principal amount of the Corporation's unsecured debt securities (or if any such debt securities are issued at an original issue discount, such greater amount as shall result in net proceeds of up to $1,500,000,000 to the Corporation) and guarantees thereon of PNC Bank Corp., and to execute in such person's name, place and stead, in any and all capacities, any and all amendments to said Registration Statement. And such persons hereby ratify and confirm all that any said attorney-in-fact or agent, or any substitute, shall lawfully do or cause to be done by virtue hereof. Witness the due execution hereof by the following person in the capacities indicated as of this 19th day of August, 1999. Name/Signature Capacity - ------------------------------- ------------- /s/ WALTER E. GREGG, JR. Director - ------------------------------- Walter E. Gregg, Jr. /s/ ROBERT L. HAUNSCHILD Chairman, President and Director - ------------------------------- Robert L. Haunschild /s/ RANDALL C. KING Senior Vice President and Director - ------------------------------- Randall C. King /s/ MARIA C. SCHAFFER Vice President and Controller - ------------------------------- Maria C. Schaffer