Exhibit 99.1

CONTACTS:

MEDIA:

Brian E. Goerke

(412) 762-4550

corporate.communications@pnc.com

INVESTORS:

William H. Callihan

(412) 762-8257

investor.relations@pnc.com

PNC REPORTS FULL YEAR 2008 NET INCOME OF $882 MILLION

INCLUDING ACQUISITION COSTS OR $1.3 BILLION

EXCLUDING COSTS RELATED TO ACQUISITIONS

Fourth quarter net loss was $248 million including acquisition costs or

net income of $132 million excluding costs related to acquisitions

Capital, liquidity and loan loss reserve coverage strengthened

PITTSBURGH, Feb. 3, 2009 – The PNC Financial Services Group, Inc. (NYSE: PNC) today reported 2008 net income of $882 million, or $2.46 per diluted share, compared with 2007 net income of $1.47 billion, or $4.35 per diluted share. PNC reported a net loss of $248 million, or $.77 per diluted share, for the fourth quarter of 2008 compared with net income of $178 million in the fourth quarter of 2007, or $.52 per diluted share. PNC acquired National City Corporation on December 31, 2008.

Net income for 2008 would have been $1.30 billion, or $3.68 per diluted share, and 2007 net income would have been $1.57 billion, or $4.65 per diluted share, excluding integration costs. Integration costs, which included conforming provisions for credit losses for acquisitions, primarily National City, were $422 million after tax for full year 2008 and $380 million after tax for the fourth quarter of 2008. Net income excluding integration costs would have been $132 million, or $.32 per diluted share, for the fourth quarter of 2008 and $228 million, or $.67 per diluted share, for the fourth quarter of 2007.

“PNC successfully executed its business strategies in 2008 and delivered solid results during a time of unprecedented markets and a weakening economy,” said James E. Rohr, chairman and chief executive officer. “During the year we strengthened our capital, liquidity and loan loss reserve coverage. The acquisition of National City provided us with a unique opportunity to grow our franchise, doubling our assets and customers. Our two-year integration plan is underway, and we believe our combined company should begin to deliver significant shareholder value.”

PNC’s consolidated balance sheet and financial ratios as of December 31, 2008 reflect the acquisition of National City on that date. The average consolidated balance sheet was not impacted by the National City acquisition. PNC’s consolidated income statement for full year and fourth quarter 2008 does not include operating results of National City.

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 2

HIGHLIGHTS

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 3

CONSOLIDATED REVENUE REVIEW

PNC’s consolidated income statement for full year and fourth quarter 2008 does not include operating results of National City, which was acquired on December 31, 2008. The income statement impact from the acquisition of National City included in fourth quarter 2008 results was limited to a conforming provision for credit losses of $504 million and other integration costs in noninterest expense.

Net interest income totaled $992 million for the fourth quarter of 2008, an increase of 25 percent compared with $793 million for fourth quarter 2007 and a decrease of 1 percent compared with $1.00 billion for the linked quarter. The net interest margin was 3.37 percent for the fourth quarter of 2008 compared with 2.96 percent in the year ago quarter and 3.46 percent in the third quarter of 2008. The increase in net interest income in the year-over-year comparison was primarily due to the benefit of declining interest rates on PNC’s liability sensitive balance sheet and higher average earning assets. The decrease in the linked quarter comparison was primarily from a lower yield on loans largely resulting from the rapid decline in short-term rates and the effect on variable rate loan repricing.

Noninterest income was $684 million for the fourth quarter of 2008 compared with $834 million for the fourth quarter of 2007 and $654 million linked quarter. The 2008 quarters were negatively impacted by unprecedented market conditions.

Fund servicing revenue for the fourth quarter of 2008 decreased $24 million compared with the third quarter of 2008 mainly due to declines in asset values. Asset management revenue decreased $83 million in the comparison with the third quarter of 2008 and was primarily impacted by lower earnings from BlackRock. Corporate service fees decreased $41 million in the linked quarter comparison primarily as a result of a $35 million impairment charge on commercial mortgage servicing rights due to the effect of lower interest rates. Fourth quarter 2008 net securities losses were $172 million and third quarter 2008 losses were $74 million, primarily resulting from other-than-temporary impairment charges on securities, while a net gain of $177 million was recognized on the mark to market of PNC’s BlackRock LTIP shares obligation for the fourth quarter compared with a net charge of $51 million in the third quarter included in other noninterest income.

Noninterest income decreased $150 million compared with the prior year fourth quarter primarily due to impairment charges on securities, the negative effect of declines in asset values on fee revenue, lower earnings from BlackRock and lower consumer service fees largely due to the impact of the sale of Hilliard Lyons, partially offset by the benefit of the positive mark to market of PNC’s BlackRock LTIP shares obligation compared with a net charge in the fourth quarter of 2007.

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 4

CONSOLIDATED EXPENSE REVIEW

Noninterest expense for the fourth quarter of 2008 was $1.13 billion compared with $1.21 billion in the prior year fourth quarter and $1.14 billion for the third quarter of 2008. The 7 percent decrease compared with the fourth quarter of 2007 mainly resulted from the sale of Hilliard Lyons and the effect of cost synergies from acquisitions. Noninterest expense compared with the linked quarter declined 1 percent primarily due to lower incentive compensation partially offset by higher integration costs, including those related to the National City acquisition.

CONSOLIDATED AVERAGE BALANCE SHEET REVIEW

Average assets were $143 billion for the fourth quarter of 2008 compared with $135 billion for the year ago quarter and $143 billion for the third quarter 2008. The increase compared with the fourth quarter of 2007 was due to growth in loans and securities and the impact of acquisitions. The National City acquisition closed on December 31, 2008 and had no impact on average balances.

Average loans were $75.4 billion for the quarter and increased $8.3 billion, or 12 percent, compared with the year-earlier fourth quarter and $2.1 billion, or 3 percent, compared with the third quarter of 2008. The increase in average loans compared with the fourth quarter of 2007 was primarily a result of higher commercial loans, acquisitions and the transfer of education loans previously held for sale to the loan portfolio during the first quarter of 2008. The increase compared with the linked quarter was largely due to growth in commercial and consumer loans.

Average investment securities for the fourth quarter of 2008 were $35.5 billion, an increase of $6.3 billion, or 22 percent, compared with the fourth quarter of 2007 and an increase of $1.7 billion, or 5 percent, compared with the third quarter of 2008. The increase over the prior year fourth quarter was primarily due to the addition of residential mortgage-backed, state and municipal, and commercial mortgage-backed securities as part of the company’s balance sheet management activities. The increase in securities compared with the linked quarter primarily resulted from purchases of U.S. government agency residential mortgage-backed securities.

Average loans held for sale were $1.9 billion for the fourth quarter of 2008, a decrease of $1.5 billion compared with the fourth quarter of 2007 and a decrease of $.2 billion compared with the third quarter of 2008. The decline from fourth quarter 2007 was primarily due to the transfer of $1.8 billion of education loans previously held for sale to the loan portfolio during the first quarter of 2008.

Average deposits of $87.5 billion for the fourth quarter of 2008 grew $6.7 billion, or 8 percent, compared with the fourth quarter of 2007 and $2.5 billion, or 3 percent, compared with the linked quarter. Average deposits increased from the prior year fourth quarter as a result of acquisitions and growth in money market and time deposits. In the linked quarter comparison, the increase was due to continued growth in retail money market deposits, demand and other non-interest bearing deposits, other time deposits, retail certificates and interest-bearing demand deposits. The increases in both comparisons were somewhat offset by declines in time deposits in foreign offices.

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 5

Average borrowed funds for the fourth quarter of 2008 were $30.0 billion, an increase of $1.4 billion, or 5 percent, compared with the fourth quarter of 2007 and a decrease of $2.2 billion, or 7 percent, compared with the third quarter of 2008. The increase over fourth quarter 2007 was due to new borrowings to fund earning asset growth. The decrease in the linked quarter comparison was primarily due to declines in federal funds purchased and repurchase agreements and debt maturities during the quarter.

CONSOLIDATED YEAR END BALANCE SHEET REVIEW

Total assets were $291 billion at December 31, 2008 compared with $139 billion at December 31, 2007 and $146 billion at September 30, 2008. The consolidated balance sheet included National City’s assets and liabilities substantially at fair value as of December 31, 2008. The acquisition added approximately $134 billion of assets, including $100 billion of loans, after giving effect to purchase accounting adjustments, eliminations and reclassifications.

Loans were $175 billion at December 31, 2008 compared with $68.3 billion at December 31, 2007 and $75.2 billion at September 30, 2008. The core loan portfolio was $148 billion at December 31, 2008 and consisted of 64 percent commercial loans and 36 percent consumer loans. As of December 31, 2008 loans totaling $27.5 billion were designated as a distressed loan portfolio that included residential real estate development loans, cross-border leases, brokered home equity loans and certain residential real estate loans. The majority of the distressed loans were from acquisitions, primarily National City. Loans held for sale were $4.4 billion at December 31, 2008 compared with $3.9 billion at December 31, 2007 and $1.9 billion at September 30, 2008. The acquisition of National City added approximately $2.2 billion of loans held for sale, primarily 1-4 family conforming residential mortgages. Approximately $1.8 billion of education loans previously held for sale were transferred to the loan portfolio during the first quarter of 2008.

Investment securities totaled $43.5 billion at December 31, 2008, including $13.3 billion of primarily U.S. government agency residential mortgage-backed securities from the National City acquisition, compared with $30.2 billion at December 31, 2007 and $31.0 billion at September 30, 2008. At December 31, 2008 net unrealized pretax losses on securities available for sale increased to $5.4 billion compared with $3.6 billion at September 30, 2008 as a result of further declines in fair value due to the impact of widening credit spreads. Net unrealized losses in the securities available for sale portfolio are included in shareholders’ equity as accumulated other comprehensive loss, net of tax. The net unrealized losses did not reflect credit quality concerns of any significance with the underlying assets which represented an overall well-diversified, high quality portfolio. U.S. government agency residential mortgage-backed securities represented 53 percent of the investment securities portfolio at December 31, 2008. PNC's tangible common equity ratio is expected to be less sensitive to the impact of widening credit spreads on accumulated other comprehensive loss primarily due to the composition of the securities available for sale portfolio acquired from National City and a substantially higher level of common equity in the combined company.

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 6

Deposits were $193 billion at December 31, 2008, including $104 billion from the National City acquisition, compared with $82.7 billion at December 31, 2007 and $85.0 billion at September 30, 2008. Interest-bearing deposits represented 81 percent of total deposits at December 31, 2008 compared with 77 percent at September 30, 2008. The change in deposit composition reflected the higher proportion of certificates of deposit and other interest-bearing deposits associated with National City. Borrowed funds were $52.2 billion at December 31, 2008 compared with $30.9 billion at December 31, 2007 and $32.1 billion at September 30, 2008. Borrowed funds at December 31, 2008 included $18.2 billion of National City obligations and $2.9 billion of senior notes guaranteed by the FDIC under the Temporary Liquidity Guarantee Program that were issued during the fourth quarter of 2008.

PNC’s tier 1 risk-based capital ratio was an estimated 9.7 percent at December 31, 2008 compared with 6.8 percent at December 31, 2007 and 8.2 percent at September 30, 2008. The increase in the ratio from December 31, 2007 included the issuance of tier 1 eligible securities during the first half of 2008 totaling $1.3 billion, including REIT preferred, noncumulative perpetual preferred, and trust preferred securities. Additionally, $7.6 billion of preferred stock and a common stock warrant was issued to the Department of the Treasury under the TARP Capital Purchase Program on December 31, 2008. Tier 1 risk-based capital further increased as a result of $5.6 billion of common stock issued in the National City acquisition and PNC's assumption of $2.6 billion of tier 1 qualifying capital securities previously issued by National City. These increases in capital were partially offset by the deduction of higher acquisition-related intangible assets. The positive effect on the tier 1 ratio of the net increase in capital was somewhat offset by an increase in risk-weighted assets primarily related to acquisitions, including National City.

The increase in the tier 1 risk-based capital ratio from September 30, 2008 was primarily due to the TARP Capital Purchase Program issuance and the net increase in capital resulting from the National City acquisition. As of December 31, 2008 the combination of National City with PNC would have resulted in a tier 1 risk-based capital ratio exceeding the 6 percent “well-capitalized” requirement even without giving effect to the capital issuance under the TARP Program which qualified as tier 1 capital.

The company did not actively engage in share repurchase activity during 2008. In January 2009, the PNC board of directors declared a quarterly common stock cash dividend of 66 cents per share consistent with the previous quarter.

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 7

ASSET QUALITY REVIEW

PNC increased the allowance for loan and lease losses during the fourth quarter to $3.9 billion at December 31, 2008 compared with $.8 billion at December 31, 2007 and $1.1 billion at September 30, 2008. The increases were primarily due to a $2.2 billion allowance acquired from National City, $504 million conforming credit allowance adjustment for differences between the PNC and National City reserve estimation methodologies, and legacy PNC provision for credit losses in excess of net charge-offs. These reserves do not include $7.4 billion of fair value adjustments on $19.3 billion of impaired loans acquired from National City on December 31, 2008. The allowance for loan and lease losses to total loans was 2.23 percent at year end compared with 1.21 percent at December 31, 2007 and 1.40 percent at September 30, 2008.

Asset quality migrated at an accelerated pace in the very challenging credit environment but remained manageable as PNC was able to cover a substantial portion of the increased provision for credit losses through positive operating leverage and also maintain a strong capital position. The provision for credit losses for the fourth quarter of 2008 totaled $990 million and included the $504 million conforming provision for credit losses related to the National City acquisition and $486 million legacy PNC provision. The provision for credit losses was $188 million in the fourth quarter of 2007 and $190 million in the third quarter of 2008. The increase in the legacy PNC provision was largely attributable to general credit quality migration, including residential real estate development and commercial real estate exposure, and growth in total credit exposure.

Net charge-offs for the fourth quarter of 2008 were $207 million, or 1.09 percent of average loans, compared with net charge-offs of $83 million, or .49 percent, for the fourth quarter of 2007 and net charge-offs of $122 million, or .66 percent, for the third quarter of 2008. The increase in net charge-offs in both comparisons was primarily due to commercial and commercial real estate loans and in the prior year quarter comparison home equity consumer loans.

Nonperforming assets were $2.2 billion at December 31, 2008, including $722 million from the National City acquisition, compared to $495 million a year ago and $875 million at September 30, 2008. The increases aside from National City primarily resulted from higher nonaccrual commercial loans and commercial real estate projects including residential real estate development loans. Nonperforming assets to total assets were .74 percent at December 31, 2008 compared with .36 percent at December 31, 2007 and .60 percent at September 30, 2008. The allowance for loan and lease losses to nonperforming loans was 236 percent at December 31, 2008, 183 percent at December 31, 2007 and 125 percent at September 30, 2008.

BUSINESS SEGMENT RESULTS

PNC business segment information does not include any impact from the National City acquisition on December 31, 2008 unless specifically stated.

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 8

Retail Banking

For the full year 2008, Retail Banking earned $429 million compared with $876 million for 2007. The decline in earnings over the prior year was primarily driven by increases in the provision for credit losses and noninterest expense. Retail Banking earned $15 million for the fourth quarter of 2008 compared with $211 million for the prior year fourth quarter and $79 million in the prior quarter. The decline from the prior year quarter resulted from an increase in the provision for credit losses, a decrease in revenue and higher noninterest expense. The decline from the linked quarter was primarily due to an increase in the provision for credit losses. For the 2008 periods, revenue was negatively impacted by a lower interest credit attributed to deposits in the declining rate environment and was not reflective of the solid growth in customers and deposits.

Retail Banking overview:

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 9

Corporate & Institutional Banking

Corporate & Institutional Banking earned $225 million in 2008 compared with $432 million in 2007. While results were strong for all sectors except real estate, overall earnings declined compared with the prior year primarily driven by an increase in the provision for credit losses and by higher valuation losses on commercial mortgage loans held for sale, net of hedges. Earnings were $17 million in the fourth quarter of 2008 compared with $91 million in the fourth quarter of 2007 and $72 million in the third quarter of 2008. Both comparisons were impacted by a higher provision for credit losses which more than offset increases in revenue and in the linked quarter comparison lower noninterest expense.

Corporate & Institutional Banking overview:

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 10

Global Investment Servicing

Global Investment Servicing earned $122 million in 2008 compared with $128 million in 2007. Results for 2008 were negatively impacted by declines in asset values and fund redemptions as a result of severe deterioration of the financial markets during the fourth quarter. Global Investment Servicing earned $25 million for the fourth quarter of 2008 compared with $32 million for the fourth quarter of 2007 and $34 million for the third quarter of 2008. Servicing revenue decreased $1 million from the fourth quarter of 2007 and $21 million, or 9 percent, from the linked quarter. Servicing revenue was negatively impacted by declines in equity market values. In the comparison with the prior year quarter, these declines were partially offset by the acquisitions of Albridge Solutions Inc. and Coates Analytics, LP in December 2007 and opportunities the market provided for securities lending activities. Operating expense increased $7 million, or 4 percent, from the year ago quarter and decreased $13 million, or 7 percent, compared with the linked quarter. The increase over the fourth quarter of 2007 was largely due to investments in technology, a larger employee base to support business growth and costs related to the acquisitions. The decrease in the linked quarter comparison resulted from cost reduction initiatives to lower operating expense in tandem with the revenue slowdown associated with volatile global markets.

Global Investment Servicing provided accounting/administration services for $839 billion of net fund assets and provided custody services for $379 billion of fund assets as of December 31, 2008 compared with $990 billion and $500 billion, respectively, at December 31, 2007 and $907 billion and $415 billion, respectively, at September 30, 2008. The decrease in assets serviced in both comparisons was due to declines in asset values and fund outflows resulting from market conditions particularly in the fourth quarter of 2008. Total fund assets serviced by Global Investment Servicing were $2.0 trillion at December 31, 2008 compared with asset servicing levels of $2.5 trillion at December 31, 2007 and $2.3 trillion at September 30, 2008.

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 11

Other, including BlackRock

The “Other, including BlackRock” category, for the purposes of this release, includes earnings and gains or losses related to PNC’s equity interest in BlackRock and those related to Hilliard Lyons prior to its sale, asset and liability management activities including net securities gains or losses and certain trading activities, equity management activities, provision for credit losses for conforming credit allowance adjustments related to acquisitions, other integration costs, differences between business segment performance reporting and financial statement reporting under generally accepted accounting principles (GAAP), corporate overhead and intercompany eliminations.

PNC recorded earnings of $106 million in “Other, including BlackRock” for 2008 compared with $31 million in 2007. Other for 2008 included $422 million of after-tax integration costs, including conforming provisions for credit losses, primarily related to National City, compared with $99 million of after-tax integration costs in 2007, and higher market-related impairments and proprietary trading losses. These items were more than offset by higher net interest income and a net gain on the mark to market of PNC’s BlackRock LTIP shares obligation compared to a loss in 2007.

For the fourth quarter of 2008 PNC recorded a loss of $305 million for Other compared with a loss of $156 million in the fourth quarter of 2007 and earnings of $63 million in the third quarter of 2008. The decrease in the linked quarter comparison was primarily due to the conforming provision and higher other integration costs in the fourth quarter of 2008 partially offset by a net gain on the mark to market of PNC’s BlackRock LTIP shares obligation compared with a loss in the third quarter of 2008. The net loss in the year-over-year quarter comparison increased mainly as a result of the higher conforming provision and other integration costs and higher market-related impairments partially offset by a net gain on the mark to market of PNC’s BlackRock LTIP shares obligation compared to a loss in the fourth quarter of 2007 and higher net interest income.

BlackRock business segment earnings included in the “Other, including BlackRock” category were $207 million for 2008 compared with $253 million in 2007, and $22 million for the fourth quarter of 2008, $77 million for the fourth quarter of 2007 and $56 million for the third quarter of 2008.

CONFERENCE CALL AND SUPPLEMENTAL FINANCIAL INFORMATION

PNC Chairman and Chief Executive Officer James E. Rohr and Chief Financial Officer Richard J. Johnson will hold a conference call for investors today at 9:00 a.m. Eastern Time regarding the topics addressed in this news release and the related financial supplement. Investors should call five to 10 minutes before the start of the conference call at 800-990-2718 or 706-643-0187 (international). The related financial supplement and presentation slides to accompany the conference call remarks may be found at www.pnc.com/investorevents. A taped replay of the call will be available for one week at 800-642-1687 or 706-645-9291 (international), conference ID 79677068.

In addition, Internet access to the call (listen only) and to PNC’s fourth quarter and full year 2008 earnings release, supplemental financial information and presentation slides will be available at www.pnc.com/investorevents. A replay of the webcast will be available on PNC’s Web site for 30 days.

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 12

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; 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.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

We make statements in this news release and in the conference call regarding this news release, and we may from time to time make other statements, regarding our outlook or expectations for earnings, revenues, expenses and/or other matters regarding or affecting PNC that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Forward-looking statements are typically identified by words such as “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “will,” “project” and other similar words and expressions.

Forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made. We do not assume any duty and do not undertake to update our forward-looking statements. Because forward-looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those that we anticipated in our forward-looking statements, and future results could differ materially from our historical performance.

Our forward-looking statements are subject to the following principal risks and uncertainties. We provide greater detail regarding some of these factors in our Form 10-K for the year ended December 31, 2007 and our 2008 Form 10-Qs, including in the Risk Factors and Risk Management sections of those reports, and in our other SEC reports. Our forward-looking statements may also be subject to other risks and uncertainties, including those that we may discuss elsewhere in this news release or in our filings with the SEC, accessible on the SEC’s website at www.sec.gov and on or through our corporate website at www.pnc.com/secfilings. We have included these web addresses as inactive textual references only. Information on these websites is not part of this document.

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PNC Reports Full Year 2008 Net Income of $882 Million Including Acquisition Costs or $1.3 Billion

Excluding Costs Related to Acquisitions – Page 13

In addition, our recent acquisition of National City Corporation (“National City”) presents us with a number of risks and uncertainties related both to the acquisition transaction itself and to the integration of the acquired businesses into PNC. These risks and uncertainties include the following:

In addition to the National City transaction, we grow our business from time to time by acquiring other financial services companies. Acquisitions in general present us with risks, in addition to those presented by the nature of the business acquired, similar to some or all of those described above relating to the National City acquisition.

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FINANCIAL RESULTS

Dollars in millions, except per share data

Certain prior period amounts included in these Consolidated Financial Highlights have been reclassified to conform with the current period presentation.

BUSINESS SEGMENT EARNINGS (e) (f)

In millions

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RECONCILIATIONS OF “AS REPORTED” (GAAP) NET INCOME AND DILUTED EPS TO “AS ADJUSTED” AMOUNTS

In millions, except per share data

This table and the table below represent reconciliations of certain “As Reported” (GAAP) amounts to “As Adjusted” amounts for certain specified items related to acquisitions, TARP issuance, and AOCL, respectively. We have provided these adjusted amounts and reconciliations so that investors, analysts, regulators and others will be better able to evaluate the impact of these respective items on our results and capital ratios for and as of the periods presented. We believe that information as adjusted for the impact of the specified items may be useful due to the extent to which these items are not indicative of our ongoing operations. Adjusted information supplements our results as reported in accordance with GAAP and should not be viewed in isolation from, or as a substitute for, our GAAP results. Our 2007 Form 10-K and 2008 Form 10-Qs provide additional information regarding integration costs.

RECONCILIATIONS OF “AS REPORTED” TO “AS ADJUSTED” CAPITAL RATIOS (c)

In millions, except percentages

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IMPACT OF NATIONAL CITY ACQUISITION

CONSOLIDATING BALANCE SHEET

In millions

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