Slide Presentation

Cautionary Statement Regarding Forward-Looking

Information and Adjusted Information

This presentation includes “snapshot” information about PNC used by way of illustration. It is not intended as a full business or financial review and should be

viewed in the context of all of the information made available by PNC in its SEC filings. The presentation also contains forward-looking statements regarding

our outlook or expectations for earnings, revenues, expenses, capital levels, liquidity levels, asset quality and/or other matters regarding or affecting PNC and

its future business and operations. Forward-looking statements are necessarily subject to numerous assumptions, risks and uncertainties, which change over

time.

The forward-looking statements in this presentation are qualified by the factors affecting forward-looking statements identified in the more detailed

Cautionary Statement included in the Appendix, which is included in the version of the presentation materials posted on our corporate website at

www.pnc.com/investorevents. We provide greater detail regarding some of these factors in our 2010 Form 10-K, including in the Risk Factors and Risk

Management sections of that report, and in our subsequent SEC filings (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 web addresses here and elsewhere in this presentation as inactive textual references only.

Information on these websites is not part of this presentation.

Future events or circumstances may change our outlook or expectations and may also affect the nature of the assumptions, risks and uncertainties to which

our forward-looking statements are subject. The forward-looking statements in this presentation speak only as of the date of this presentation. We do not

assume any duty and do not undertake to update those statements.

In our presentations, we sometimes refer to adjusted results to help illustrate the impact of certain types of items, such as our third quarter 2010 gain

related to the sale of PNC Global Investment Servicing Inc. (“GIS”), the acceleration of accretion of the remaining issuance discount on our TARP preferred

stock in connection with the first quarter 2010 redemption of such stock, our fourth quarter 2009 gain related to BlackRock’s acquisition of Barclays Global

Investors (the “BLK/BGI gain”), our fourth quarter 2008 conforming provision for credit losses for National City, and integration costs in the 2010 and 2009

periods. This information supplements our results as reported in accordance with GAAP and should not be viewed in isolation from, or a substitute for, our

GAAP results. We believe that this additional information and the reconciliations we provide may be useful to investors, analysts, regulators and others as

they evaluate the impact of these respective items on our results for the periods presented due to the extent to which the items are not indicative of our

ongoing operations. We may also provide information on pretax pre-provision earnings (total revenue less noninterest expense), as we believe that pretax

pre-provision earnings, a non-GAAP measure, is useful as a tool to help evaluate the ability to provide for credit costs through operations. Where applicable,

we provide GAAP reconciliations for such additional information.

In certain discussions, we may also provide information on yields and margins for all interest-earning assets calculated using net interest income on a

taxable-equivalent basis by increasing the interest income earned on tax-exempt assets to make it fully equivalent to interest income earned on taxable

investments. We believe this adjustment may be useful when comparing yields and margins for all earning assets. We may also use annualized, proforma,

estimated or third party numbers for illustrative or comparative purposes only. These may not reflect actual results.

This presentation may also include discussion of other non-GAAP financial measures, which, to the extent not so qualified therein or in the Appendix, is

qualified by GAAP reconciliation information available on our corporate website at www.pnc.com under “About PNC–Investor Relations.”

Cautionary Statement Regarding Forward-Looking

Information

Appendix

This presentation includes “snapshot” information about PNC used by way of illustration and is not intended as a full business or financial

review. It should not be viewed in isolation but rather in the context of all of the information made available by PNC in its SEC filings.

We also make statements in this presentation, and we may from time to time make other statements, regarding our outlook or expectations

for earnings, revenues, expenses, capital levels, liquidity levels, asset quality and/or other matters regarding or affecting PNC and its future

business and operations 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,” “plan,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,

“will,” “should,” “project,” “goal” 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. 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 2010 Form 10-K, including in the Risk Factors and Risk Management sections of that report, and in our subsequent SEC

filings. Our forward-looking statements may also be subject to other risks and uncertainties, including those that we may discuss elsewhere

in this presentation 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.

•Our businesses and financial results are affected by business and economic conditions, both generally and specifically in the principal

markets in which we operate. In particular, our businesses and financial results may be impacted by:

Changes in interest rates and valuations in the debt, equity and other financial markets.

Disruptions in the liquidity and other functioning of financial markets, including such disruptions in the markets for real estate and other

assets commonly securing financial products.

Actions by the Federal Reserve and other government agencies, including those that impact money supply and market interest rates.

Changes in our customers’, suppliers’ and other counterparties’ performance in general and their creditworthiness in particular.

A slowing or failure of the moderate economic recovery that began in mid-2009 and continued throughout 2010 and into 2011.

Continued effects of the aftermath of recessionary conditions and the uneven spread of the positive impacts of the recovery on the

economy in general and our customers in particular, including adverse impact on loan utilization rates as well as delinquencies, defaults

and customer ability to meet credit obligations.

Changes in levels of unemployment.

Changes in customer preferences and behavior, whether as a result of changing business and economic conditions, climate-related

physical changes or legislative and regulatory initiatives, or other factors.

•Turbulence in significant portions of the US and global financial markets could impact our performance, both directly by affecting our

revenues and the value of our assets and liabilities and indirectly by affecting our counterparties and the economy generally.

Cautionary Statement Regarding Forward-Looking

Information (continued)

•We will be impacted by the

extensive

reforms

provided

for

the

Dodd-Frank

Wall

Street

Reform

and

Consumer

Protection

Act

(“Dodd-Frank

Act”)

and ongoing reforms impacting the financial institutions industry generally. Further, as much of the Dodd-Frank Act will require the adoption of

implementing regulations by a number of different regulatory bodies, the precise nature, extent and timing of many of these reforms and the impact

on us is still uncertain.

•Financial

industry

restructuring

the

current

environment

could

also

impact

our

business

and

financial

performance

result

changes

the

creditworthiness and performance of our counterparties and by changes in the competitive and regulatory landscape.

•Our results depend on our ability to manage current elevated levels of impaired assets.

•Given current economic and financial market conditions, our forward-looking financial statements are subject to the risk that these conditions will be

substantially different than we are currently expecting. These statements are based on our current view that the moderate economic recovery that

began in mid-2009 and continued throughout 2010 will transition into a self-sustaining economic expansion in 2011 pushing the unemployment rate

lower amidst continued low interest rates.

•Legal and regulatory developments could have an impact on our ability to operate our businesses or our financial condition or results of operations or

our competitive position or reputation. Reputational impacts, in turn, could affect matters such as business generation and retention, our ability to

attract and retain management, liquidity, and funding. These legal and regulatory developments could include:

Changes resulting from legislative and regulatory responses to the current economic and financial industry environment.

Other legislative and regulatory reforms, including broad-based restructuring of financial industry regulation (such as that under the Dodd-Frank

Act) as well as changes to laws and regulations involving tax, pension, bankruptcy, consumer protection, and other aspects of the financial

institution industry.

Unfavorable resolution of legal proceedings or other claims and regulatory and other governmental investigations or other inquiries. In addition

to matters relating to PNC’s business and activities, such matters may also include proceedings, claims, investigations, or inquiries relating to

pre-acquisition

business

and

activities

acquired

companies,

such

National

City.

These

matters

may

result

monetary

judgments or

settlements or other remedies, including fines, penalties, restitution or alterations in our business practices and in additional expenses and

collateral costs.

The results of the regulatory examination and supervision process, including our failure to satisfy the requirements of agreements with

governmental agencies.

Changes in accounting policies and principles.

Changes

resulting

from

legislative

and

regulatory

initiatives

relating

climate

change

that

have

may

have

negative

impact

our

customers’

demand for or use of our products and services in general and their creditworthiness in particular.

Changes to regulations governing bank capital, including as a result of the Dodd-Frank Act and of the Basel III initiatives.

•Our business and operating results are affected by our ability to identify and effectively manage risks inherent in our businesses, including, where

appropriate,

through

the

effective

use

third-party

insurance,

derivatives,

and

capital

management

techniques,

and

our

ability

meet

evolving

regulatory capital standards.

•The adequacy of our intellectual property protection, and the extent of any costs associated with obtaining rights in intellectual property claimed by

others, can impact our business and operating results.

•Our ability to anticipate and respond to technological changes can have an impact on our ability to respond to customer needs and to meet

competitive demands.

•Our ability to implement

our

business

initiatives

and

strategies

could

affect

our

financial

performance

over

the

several

years.

•Competition can have an impact on customer acquisition, growth and retention, as well as on our credit spreads and product pricing, which can affect

market share, deposits and revenues.

Appendix

Cautionary Statement Regarding Forward-Looking

Information (continued)

•Our business and operating results can also be affected by widespread disasters, terrorist activities or international hostilities, either as a result of

the impact on the economy and capital and other financial markets generally or on us or on our customers, suppliers or other counterparties

specifically.

•Also, risks and uncertainties that could affect the results anticipated in forward-looking statements or from historical performance relating to our

equity interest in BlackRock, Inc. are discussed in more detail in BlackRock’s filings with the SEC, including in the Risk Factors sections of

BlackRock’s reports. BlackRock’s SEC filings are accessible on the SEC’s website and on or through BlackRock’s website at www.blackrock.com. This

material is referenced for informational purposes only and should not be deemed to constitute a part of this document.

We grow our business in part by acquiring from time to time other financial services companies, financial services assets and related deposits.

Acquisitions present us with risks in addition to those presented by the nature of the business acquired. These include risks and uncertainties

related both to the acquisition transactions themselves and to the integration of the acquired businesses into PNC after closing.

Acquisitions may be substantially more expensive to complete (including unanticipated costs incurred in connection with the integration of the

acquired company) and the anticipated benefits (including anticipated cost savings and strategic gains) may be significantly harder or take longer to

achieve than expected. Acquisitions may involve our entry into new businesses or new geographic or other markets, and these situations also

present risks resulting from our inexperience in those new areas.

As a regulated financial institution, our pursuit of attractive acquisition opportunities could be negatively impacted due to regulatory delays or other

regulatory issues. In addition, regulatory and/or legal issues relating to the pre-acquisition operations of an acquired business may cause

reputational harm to PNC following the acquisition and integration of the acquired business into ours and may result in additional future costs or

regulatory limitations arising as a result of those issues.

Any annualized, proforma, estimated, third party or consensus numbers in this presentation are used for illustrative or comparative purposes only

and may not reflect actual results. Any consensus earnings estimates are calculated based on the earnings projections made by analysts who cover

that company. The analysts’

opinions, estimates or forecasts (and therefore the consensus earnings estimates) are theirs alone, are not those of

PNC or its management, and may not reflect PNC’s or other company’s actual or anticipated results.

Appendix