Exhibit 99.1

CONTACTS:

MEDIA:

Fred Solomon

(412) 762-4550

corporate.communications@pnc.com

INVESTORS:

William H. Callihan

(412) 762-8257

investor.relations@pnc.com

PNC REPORTS FULL YEAR 2011 NET INCOME OF $3.1 BILLION

Fourth Quarter Net Income Was $493 Million and $.85 Diluted EPS

Strong Growth in Customers, Loans and Deposits

PITTSBURGH, Jan. 18, 2012 – The PNC Financial Services Group, Inc. (NYSE: PNC) today reported 2011 net income of $3.1 billion, or $5.64 per diluted common share, compared with 2010 net income of $3.4 billion, or $5.74 per diluted common share. Fourth quarter 2011 net income was $493 million, or $.85 per diluted common share, compared with third quarter 2011 net income of $834 million, or $1.55 per diluted common share, and fourth quarter 2010 net income of $820 million, or $1.50 per diluted common share.

“PNC had a solid year of accomplishments in a challenging regulatory and economic environment. We increased market share across our businesses by continuing to grow the number of customers we serve,” said James E. Rohr, chairman and chief executive officer. “We are leveraging our capital strength to expand into the southeast with a strategic acquisition and we remain focused on strong risk and expense management. In 2012, we are committed to building on our achievements so that we can deliver greater value to our shareholders, customers, communities and employees.”

Income Statement Highlights

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 2

Credit Quality Highlights

Balance Sheet Highlights

Acquisition Activity

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 3

Fourth quarter 2011 net income of $493 million, or $.85 per diluted common share, included $156 million after tax, or $.30 per diluted common share, of residential mortgage foreclosure-related expenses primarily as a result of ongoing governmental matters and a noncash after-tax charge of $129 million, or $.24 per diluted common share, related to redemption of trust preferred securities. Fourth quarter 2010 earnings of $820 million, or $1.50 per diluted common share, included an after-tax gain of $102 million, or $.19 per diluted common share, related to the sale of a portion of PNC’s BlackRock shares and $46 million after tax, or $.09 per diluted common share, for residential mortgage foreclosure-related expenses. Full year 2011 net income per diluted common share of $5.64 included $.40 per diluted common share of residential mortgage foreclosure-related expenses primarily as a result of ongoing governmental matters, $.24 per diluted common share related to redemption of trust preferred securities and $.05 per diluted common share for integration costs. Full year 2010 net income per diluted common share of $5.74 included $.72 per diluted common share for discontinued operations, including the gain on sale of PNC Global Investment Servicing, a reduction of $.48 per diluted common share related to the redemption of TARP preferred shares and $.48 per diluted common share for integration costs.

The Consolidated Financial Highlights accompanying this news release include additional information regarding residential mortgage foreclosure-related expenses, preferred redemptions, discontinued operations and PNC’s BlackRock shares transaction and include reconciliations of reported to non-GAAP financial measures, including a reconciliation of business segment income to income from continuing operations before noncontrolling interests. Reference to core net interest income is to total net interest income less purchase accounting accretion.

CONSOLIDATED REVENUE REVIEW

Total revenue was $3.5 billion for both the fourth and third quarters of 2011 and $3.9 billion for the fourth quarter of 2010. The decline compared with the year ago quarter was primarily due to the fourth quarter 2010 gain of $160 million related to the sale of a portion of PNC’s BlackRock shares, lower corporate service fees primarily related to a fourth quarter 2010 recovery in the value of commercial mortgage servicing rights, and the fourth quarter 2011 regulatory impact of lower interchange fees of $75 million on debit card transactions.

Net interest income was $2.2 billion, an increase of $24 million compared with the third quarter and consistent with the fourth quarter of 2010. Strong growth in core net interest income driven by loan growth and lower funding costs was partially offset by a decline in purchase accounting accretion including lower cash recoveries on impaired loans. The net interest margin was 3.86 percent for the fourth quarter compared with 3.89 percent for the third quarter and 3.93 percent in the fourth quarter of 2010.

Noninterest income was $1.4 billion for both the fourth and third quarters of 2011 and $1.7 billion for the fourth quarter of 2010. Asset management fees declined $37 million compared with the linked quarter partially due to a third quarter noncash tax benefit at BlackRock. Consumer service fees decreased $61 million compared with the third quarter primarily due to regulatory changes which resulted in lower interchange fees of $75 million on debit card transactions partially offset by higher

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 4

transaction volumes. Corporate service fees increased $79 million in the linked quarter comparison primarily due to the impact of a third quarter reduction in the value of commercial mortgage servicing rights. Residential mortgage revenue decreased $41 million compared with the third quarter mainly from lower net hedging gains on mortgage servicing rights. Other noninterest income of $250 million for the fourth quarter increased $56 million compared with the third quarter primarily due to an increase in value of hedges on deferred compensation obligations related to higher stock market prices and higher results from client trading activity. Net gains on sales of securities were $62 million in the fourth quarter of 2011 compared with $68 million in the third quarter. Fourth quarter net gains were derived primarily from sales of agency residential mortgage-backed securities. The credit portion of net other-than-temporary impairments on securities was a loss of $44 million in the fourth quarter compared with a loss of $35 million in the third quarter.

Noninterest income for the fourth quarter of 2011 declined $352 million compared with the fourth quarter of 2010 due in part to a gain in 2010 of $160 million related to the sale of a portion of PNC’s BlackRock shares sold by PNC as part of BlackRock’s secondary common stock offering. Corporate service fees decreased $104 million in the comparison primarily due to a recovery in the value of commercial mortgage servicing rights in the fourth quarter of 2010. Consumer service fees declined $53 million due to the lower interchange fees on debit card transactions partially offset by higher transaction volumes. Asset management fees decreased $53 million primarily from the impact of fourth quarter 2010 performance fee revenue at BlackRock.

CONSOLIDATED EXPENSE REVIEW

Noninterest expense was $2.7 billion for the fourth quarter of 2011, $2.1 billion for the third quarter and $2.3 billion for the fourth quarter of 2010. Fourth quarter 2011 noninterest expense included $240 million of residential mortgage foreclosure-related expenses primarily as a result of ongoing governmental matters and a noncash charge of $198 million for the unamortized discount related to redemption of trust preferred securities which will reduce future funding costs. Personnel expense increased $103 million over the third quarter primarily driven by higher stock market prices and higher business production. Noninterest expense increased $379 million in the comparison with fourth quarter 2010 primarily driven by residential mortgage foreclosure-related expenses primarily as a result of ongoing governmental matters and the noncash charge related to redemption of trust preferred securities.

The effective tax rate was 23.0 percent for the fourth quarter of 2011 compared with 27.0 percent for the third quarter and 26.9 percent for the fourth quarter of 2010. The decrease in the fourth quarter 2011 rate was primarily attributable to the impact of higher tax-exempt income and tax credits on lower pretax income.

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 5

CONSOLIDATED BALANCE SHEET REVIEW

Total assets were $271 billion at December 31, 2011 compared with $269 billion at September 30, 2011 and $264 billion at December 31, 2010. The increase compared with the third quarter resulted from higher loans partially offset by lower interest-earning deposits with banks and lower investment securities. The increase from a year ago was primarily due to higher loan balances.

Loans grew to $159.0 billion at December 31, 2011 from $154.5 billion at September 30, 2011 and $150.6 billion at December 31, 2010. Commercial lending grew $3.5 billion during the fourth quarter from new and existing client activity across diverse industries including financial services and manufacturing. Consumer loans increased $1.0 billion linked quarter mainly due to higher indirect auto and education loans. Total loan originations and new commitments and renewals were $41 billion for the fourth quarter and $147 billion for full year 2011, including $4.1 billion of small business loans, compared with $141 billion for 2010. Average loans of $156.2 billion in the fourth quarter grew $4.4 billion, or 3 percent, compared with the third quarter. Average commercial loans grew $3.5 billion, or 6 percent, and average consumer loans increased $.9 billion, or 2 percent. In the comparison with fourth quarter 2010, average loans grew $6.3 billion, or 4 percent. Growth in average commercial loans of $9.4 billion, or 17 percent, and average consumer loans of $.8 billion, or 1 percent, in fourth quarter 2011 was partially offset by declines in average commercial real estate loans of $2.1 billion, or 12 percent, and average residential real estate loans of $1.7 billion, or 10 percent.

Investment securities were $60.6 billion at December 31, 2011 compared with $62.1 billion at September 30, 2011 and $64.3 billion at December 31, 2010. Average investment securities were $60.4 billion for the fourth quarter of 2011, an increase of $2.7 billion compared with the third quarter and a decrease of $1.9 billion compared with the fourth quarter of 2010. Within the investment portfolio, average securities available for sale increased $1.8 billion and average securities held to maturity increased $1.0 billion compared with the linked quarter. At December 31, 2011, the available for sale investment securities balance included a net unrealized pretax loss of $40 million representing the difference between fair value and amortized cost compared with a net unrealized pretax gain of $.1 billion at September 30, 2011 and a net unrealized pretax loss of $.9 billion at December 31, 2010. The decline compared with third quarter end was attributable to slightly higher interest rates. The improvement in the comparison with a year ago was primarily due to lower market interest rates and improved liquidity in non-agency commercial mortgage-backed securities markets.

Interest-earning deposits with banks of $1.2 billion as of December 31, 2011 decreased $1.6 billion compared with September 30, 2011 largely attributable to lower funds on deposit with the Federal Reserve which funded loan growth. Interest-earning deposits with banks declined $.4 billion compared with December 31, 2010.

Deposits grew to $188.0 billion at December 31, 2011 compared with $187.7 billion at September 30, 2011 and $183.4 billion at December 31, 2010. Growth in transaction deposits of $4.6 billion and savings deposits of $.3 billion was partially offset by declines in retail certificates of deposit of $2.9 billion and time deposits in foreign offices of $1.8 billion compared with the third quarter. Average deposits were $186.5 billion for the fourth quarter, an increase of $2.4 billion from the third quarter of 2011 and $4.8 billion from the fourth quarter of 2010. In the linked quarter comparison,

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 6

average transaction deposits grew $4.2 billion, or 3 percent, while average retail certificates of deposit declined $2.7 billion, or 8 percent. Growth in transaction deposits included higher noninterest-bearing demand deposits from commercial customers continuing to maintain balances for liquidity. In the comparison with fourth quarter 2010, average transaction deposits grew $12.4 billion, or 9 percent, and average retail certificates of deposit declined $8.3 billion, or 21 percent. The continued reduction of higher-cost and primarily nonrelationship certificates of deposit is part of PNC’s overall deposit strategy that is focused on growing demand and other transaction deposits as the cornerstone products of customer relationships and a stable funding source. Deposits of approximately $210 million were acquired in the Flagstar branches acquisition in December 2011.

Borrowed funds were $36.7 billion at December 31, 2011, $35.1 billion at September 30, 2011 and $39.5 billion at December 31, 2010. The increase in borrowed funds from third quarter end was primarily due to a $2.0 billion increase in Federal Home Loan Bank borrowings and an increase in commercial paper. These increases were partially offset by maturities and a reduction of subordinated debt which reflected PNC’s redemption on November 15, 2011 of $750 million of trust preferred securities issued by National City Capital Trust II with a then current interest rate of 6.625 percent and an original scheduled maturity date of November 15, 2036. This redemption, which resulted in a noncash charge of $198 million for the unamortized discount, will reduce future funding costs by approximately $30 million annually. The decrease in borrowed funds compared with year end 2010 reflected the trust preferred securities redemption and net maturities partially offset by higher Federal Home Loan Bank borrowings.

Average borrowed funds were $35.7 billion for the fourth quarter of 2011, $33.9 billion for the third quarter and $38.2 billion for fourth quarter 2010. The increase from the third quarter was primarily due to higher Federal Home Loan Bank borrowings and the issuance of $1.25 billion of senior debt in September 2011. The decrease in average borrowed funds compared with the fourth quarter of 2010 primarily resulted from maturities of bank notes and senior debt and subordinated debt.

PNC continued to maintain strong capital levels and ratios. Common shareholders’ equity was $32.4 billion at December 31, 2011, $32.6 billion at September 30, 2011 and $29.6 billion at December 31, 2010. The Tier 1 common capital ratio was an estimated 10.3 percent at December 31, 2011 compared with 10.5 percent at September 30, 2011 and 9.8 percent at December 31, 2010. The Tier 1 risk-based capital ratio was an estimated 12.6 percent at December 31, 2011, 13.1 percent at September 30, 2011 and 12.1 percent at December 31, 2010. The declines in the Tier 1 common and Tier 1 risk-based capital ratios compared with September 30, 2011 were due to higher risk-weighted assets. The increase in common shareholders’ equity from year end 2010 was attributable to the retention of earnings. The Tier 1 common capital ratio increased in the comparison with year end 2010 due to the retention of earnings partially offset by higher risk-weighted assets primarily from loan growth. The increase in the Tier 1 risk-based capital ratio compared with December 31, 2010 resulted from the issuance of preferred stock in July 2011 and retention of earnings somewhat offset by the redemption of trust preferred securities in November 2011 and higher risk-weighted assets.

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 7

In December 2011 PNC received regulatory approvals for its acquisition of RBC Bank (USA) and announced that it does not intend to issue any shares of common stock as part of the purchase price. PNC has a common stock repurchase program that permits the purchase of up to 25 million shares of PNC common stock on the open market or in privately negotiated transactions. No shares were purchased during 2011 under this program. The PNC board of directors declared a quarterly common stock cash dividend of 35 cents per share with a payment date of February 5, 2012.

CREDIT QUALITY REVIEW

Overall credit quality continued to improve during 2011 and in the fourth quarter of 2011. Nonperforming assets declined by $142 million, or 3 percent, to $4.2 billion at December 31, 2011 compared with September 30, 2011 and decreased $967 million, or 19 percent, from December 31, 2010. The decrease from third quarter was due to lower commercial and commercial real estate nonperforming loans partially offset by an increase in home equity nonperforming loans. The decline from year end 2010 reflected lower commercial real estate, commercial and residential mortgage nonperforming loans partially offset by higher home equity nonperforming loans. Nonperforming assets to total assets were 1.53 percent at December 31, 2011 compared with 1.59 percent at September 30, 2011 and 1.94 percent at December 31, 2010.

Delinquencies increased by $219 million, or 5 percent, in the fourth quarter of 2011 compared with the third quarter due to a net increase of $210 million in accruing past due government insured loans. Accruing loans past due 90 days or more were $3.0 billion at December 31, 2011 and $2.8 billion at September 30, 2011. Accruing loans past due 30 to 59 days were $1.0 billion at both December 30, 2011 and September 30, 2011. Accruing loans past due 60 to 89 days were stable at $547 million as of December 31, 2011 and $544 million at September 30, 2011. Net charge-offs for the fourth quarter of 2011 declined to $327 million, or .83 percent of average loans on an annualized basis, compared with $365 million, or .95 percent, for the third quarter of 2011 and $791 million, or 2.09 percent, for the fourth quarter of 2010. Net charge-offs decreased in the linked quarter comparison primarily due to declines in commercial loan net charge-offs and commercial real estate loan net charge-offs partially offset by an increase in residential real estate and other consumer loan net charge-offs. The provision for credit losses was $190 million for the fourth quarter of 2011, $261 million for the third quarter and $442 million for the fourth quarter of 2010. The decreases were driven by overall credit quality improvement and continued actions to reduce exposure levels.

The allowance for loan and lease losses was $4.3 billion at December 31, 2011, $4.5 billion at September 30, 2011 and $4.9 billion at December 31, 2010. The allowance for loan and lease losses to total loans was 2.73 percent at December 31, 2011, 2.92 percent at September 30, 2011 and 3.25 percent at December 31, 2010. The decrease in the allowance compared with year end 2010 resulted from improving credit quality trends. The allowance to nonperforming loans was 122 percent at both December 31, 2011 and September 30, 2011 compared with 109 percent at December 31, 2010.

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 8

BUSINESS SEGMENT RESULTS

Retail Banking

Retail Banking earned $31 million for the full year 2011 compared with $144 million in 2010. Lower earnings were primarily driven by a decline in revenue from the impact of Regulation E rules related to overdraft fees, lower net interest income and the regulatory impact of lower interchange fees on debit card transactions partially offset by a lower provision for credit losses. Retail Banking incurred a loss of $28 million for the fourth quarter of 2011 compared with earnings of $33 million for the third quarter of 2011 and earnings of $44 million for fourth quarter 2010. The decrease in earnings in the linked quarter comparison was due to the regulatory impact of lower interchange fees on debit card transactions, seasonally higher expenses and an increase in the provision for credit losses partially offset by higher net interest income. The decline in earnings from the prior year fourth quarter was due to a higher provision for credit losses and the regulatory impact of lower interchange fees on debit card transactions.

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 9

Corporate & Institutional Banking

Corporate & Institutional Banking earned $1.9 billion for the full year 2011 compared with $1.8 billion in 2010. The increase in earnings was primarily due to an improvement in the provision for credit losses, which was a benefit in 2011, partially offset by lower net interest income and a reduction in the value of commercial mortgage servicing rights. Earnings were $576 million in the fourth quarter of 2011 compared with $419 million in the third quarter and $543 million in the fourth quarter of 2010. Higher earnings in the linked quarter comparison reflected an improvement in the provision for credit losses, which was a benefit in the fourth quarter, and the impact of a third quarter reduction in the value of commercial mortgage servicing rights. The increase in earnings compared with fourth quarter 2010 was primarily due to the benefit from the provision for credit losses partially offset by the impact of a fourth quarter 2010 recovery in the value of commercial mortgage servicing rights.

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 10

Asset Management Group

Asset Management Group earned $141 million for the full year 2011 compared with $137 million for 2010. The increase in earnings was due to an improvement in the provision for credit losses, which was a benefit for 2011, from improving credit quality, and higher noninterest income from higher equity markets during 2011 and business growth. These increases were partially offset by lower net interest income from lower loan yields and higher noninterest expense from significant strategic business investments. The business delivered consistent performance in 2011 compared with 2010, remaining focused on client acquisition, asset growth, and expense discipline. Assets under administration as of December 31, 2011 were $210 billion, including $107 billion of discretionary assets under management. Fourth quarter 2011 earnings were $17 million compared with $33 million in the third quarter and $28 million in the fourth quarter of 2010. The decline in the linked quarter comparison was attributable to the provision for credit losses which was a benefit in the third quarter. Earnings decreased in the comparison with fourth quarter 2010 primarily due to higher noninterest expense from strategic business investments.

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 11

Residential Mortgage Banking

Residential Mortgage Banking earned $87 million for the full year 2011 compared with $269 million for 2010. The decline in earnings was driven by an increase in noninterest expense and lower net interest income. Residential Mortgage Banking had a loss of $61 million in the fourth quarter of 2011 compared with earnings of $22 million in the third quarter and earnings of $3 million in the fourth quarter of 2010. The fourth quarter 2011 loss compared with both periods was primarily due to higher residential mortgage foreclosure-related expenses primarily as a result of ongoing governmental matters.

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 12

Non-Strategic Assets Portfolio

Non-Strategic Assets Portfolio segment (formerly Distressed Assets Portfolio) had earnings of $200 million for the full year 2011 compared with a loss of $57 million for 2010. The increase was primarily attributable to a lower provision for credit losses partially offset by lower net interest income. A loss of $2 million was incurred for the fourth quarter of 2011 compared with earnings of $93 million in the third quarter of 2011 and a loss of $71 million for the fourth quarter of 2010. The decrease compared with the linked quarter was due to an increase in noninterest expense, a higher provision for credit losses and lower net interest income. The increase in the fourth quarter 2010 comparison primarily resulted from a lower provision for credit losses and higher noninterest income partially offset by lower net interest income.

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 13

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 residual activities that do not meet the criteria for disclosure as a separate reportable business, such as gains or losses related to BlackRock transactions, integration costs, asset and liability management activities including net securities gains or losses, other-than-temporary impairment of investment securities and certain trading activities, exited businesses, equity management activities, alternative investments, intercompany eliminations, most corporate overhead, tax adjustments that are not allocated to business segments, and differences between business segment performance reporting and financial statement reporting under generally accepted accounting principles. Results of operations for PNC Global Investment Servicing are presented as income from discontinued operations, net of income taxes, through June 30, 2010, and therefore are not included in business segment results. The sale of PNC Global Investment Servicing was completed on July 1, 2010 and the after-tax gain on that sale is reflected in discontinued operations for 2010.

PNC recorded earnings of $737 million in “Other, including BlackRock” for both 2011 and 2010. Earnings for 2011 compared with 2010 reflected lower integration costs offset by the noncash charge related to redemption of trust preferred securities and a 2010 gain related to the sale of a portion of PNC’s BlackRock shares. For the fourth quarter of 2011, PNC recorded a loss of $9 million in “Other, including BlackRock” compared with earnings of $234 million for the third quarter of 2011 and $273 million for the fourth quarter of 2010. The decline in the linked quarter comparison reflected the noncash charge related to redemption of trust preferred securities, the impact on earnings from the BlackRock investment of a third quarter noncash tax benefit at BlackRock, and higher integration costs. In the comparison with fourth quarter 2010, earnings decreased primarily due to the noncash charge related to redemption of trust preferred securities, the gain related to the sale of a portion of PNC’s BlackRock shares in fourth quarter 2010, and the impact of fourth quarter 2010 performance fee revenue at BlackRock on earnings from the BlackRock investment, partially offset by lower integration costs.

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PNC Reports Full Year 2011 Net Income of $3.1 Billion – Page 14

CONFERENCE CALL AND SUPPLEMENTAL FINANCIAL INFORMATION

PNC Chairman and Chief Executive Officer James E. Rohr and Executive Vice President and Chief Financial Officer Richard J. Johnson will hold a conference call for investors today at 8:00 a.m. Eastern Time regarding the topics addressed in this news release and the related financial supplement. Dial-in numbers for the conference call are (877) 272-3568 or (303) 223-4399 (international) and Internet access to the live audio listen-only webcast of the call is available at www.pnc.com/investorevents. PNC’s fourth quarter and full year 2011 earnings release, the related financial supplement, and presentation slides to accompany the conference call remarks will be available at www.pnc.com/investorevents prior to the beginning of the call. A telephone replay of the call will be available for one week at (800) 633-8284 or (402) 977-9140 (international), conference ID 21563016 and a replay of the audio webcast will be available on PNC’s website for 30 days.

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; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.

[TABULAR MATERIAL FOLLOWS]

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Certain prior period amounts included in these Consolidated Financial Highlights have been reclassified to conform with the current period presentation, which we believe is more meaningful to readers of our consolidated financial statements.

The after-tax amounts below were calculated using a marginal federal income tax rate of 35%, include applicable income tax adjustments and reflect the impact of state income taxes.

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The adjustment represents annualized provision for credit losses divided by average interest-earning assets.

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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

We make statements in this news release and related conference call, and may from time to time make other statements, regarding our outlook for earnings, revenues, expenses, capital levels, liquidity levels, asset levels, asset quality and 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,” “see,” “look,” “intend,” “outlook,” “project,” “forecast,” “estimate,” “goal,” “will,” “should” 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 made. We do not assume any duty and do not undertake to update forward-looking statements. Actual results or future events could differ, possibly materially, from those anticipated in forward-looking statements, as well as from historical performance.

Our forward-looking statements are subject to the following principal risks and uncertainties.

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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION (CONTINUED)

We provide greater detail regarding some of these factors in our 2010 Form 10-K and 2011 Form 10-Qs, including Risk Factors and Risk Management sections of those reports, and our subsequent SEC filings. Our forward-looking statements may also be subject to other risks and uncertainties, including those we may discuss elsewhere in this news release or in SEC filings, accessible on the SEC’s website at www.sec.gov and on 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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