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 for earnings, revenues, expenses, capital levels and ratios, liquidity levels, asset levels, asset quality, financial

position, and 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 these as well as other factors in our 2011 Form 10-K, as amended by Amendment

No. 1 thereto, and 2012 Form 10-Qs, including in the Risk Factors and Risk Management sections and in the Legal Proceedings and Commitments and

Guarantees Notes of the Notes to Consolidated Financial Statements in those reports, and in our subsequent SEC filings. Our forward-looking

statements may also be subject to other risks and uncertainties, including those we may discuss in this presentation or in SEC filings, accessible on

the SEC’s website at www.sec.gov and on PNC’s corporate website at www.pnc.com/secfilings. We have included web addresses 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 and may also affect the nature of the assumptions, risks and uncertainties to which our

forward-looking statements are subject. 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. Actual results or future events could differ, possibly materially, from those

anticipated in forward-looking statements, as well as from historical performance.

In this presentation, we sometimes refer to adjusted results to help illustrate the impact of certain types of items, such as provisions for residential

mortgage repurchase obligations, non-cash charges related to redemptions of trust preferred securities, expenses for residential mortgage

foreclosure-related matters, legal, regulatory and OREO costs, and integration costs. This 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. 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 may not be indicative of our ongoing operations. We may also provide

information on pretax pre-provision earnings (total revenue less noninterest expense) and on tangible book value per share (calculated as book value

per share less total intangible assets, other than servicing rights, per share). 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. And we believe that tangible book value per share, a non-

GAAP measure, is useful as a tool to help to better evaluate growth of the company’s business apart from the amount, on a per share basis, of

intangible assets other than servicing rights included in book value. Where applicable, we provide GAAP reconciliations for such additional information,

including in the Appendix and/or other slides and materials on our corporate website at www.pnc.com/investorevents.

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.”

DRAFT

Growing Customers –

Long-Term Revenue Potential

Retail Banking

Corporate Banking new

primary clients

Total checking relationships

Asset Management Group

New primary clients

(for the period indicated)

(at period end)

5.4

5.6

6.3

2Q10

2Q11

2Q12

1,012

1,165

492

FY10

FY11

1H12

467

696

866

1H10

1H11

1H12

(1) Total checking relationships refers to consumer and small business accounts including 460,000 relationships acquired from RBC Bank

(USA) in March 2012, 9,000 relationships acquired from the Flagstar branch acquisition in December 2011, and 32,000 relationships

acquired from the BankAtlantic branch acquisition in June 2011. (2) A Corporate Banking primary client is defined as a corporate banking

relationship with annual revenue generation of $50,000 or more or, within corporate banking, a commercial banking client relationship

with annual revenue generation of $10,000 or more. (3) Asset Management Group primary client is defined as a client relationship with

annual revenue generation of $10,000 or more.

Corporate & Institutional Banking

DRAFT

Improving Customer Experience, Loyalty and Margins

ATM channel migration strategy

PNC’s customers changing preferences

Withdrawals

Deposits

Check

cashing

40%

potential

20%

potential

Transaction

behavior

mix

Cost per transaction

High online

13%

Teller

ATM

Traditional

Branch

20%

Virtual

21%

Multi-

channel

46%

$3.97

$0.59

$0.56

$0.10

Branch

ATM

Online/ Mobile

Call center -

Interactive

voice response

Consumer

(1) Percentages reflect the proportion of PNC customers considered to be traditional branch, virtual, high online usage or multi-channel customers based upon channel

utilized for transactions. Transactions refer to service transactions which include deposits, withdrawals and payments. Traditional branch customer is a customer who

conducts greater than 80% of monthly transactions in a branch. Virtual customer is a customer who conducts the majority of monthly transactions at non-branch

channels (i.e., ATM, Online, Call Center, Mobile). High online usage customer is a customer with 10 or more monthly of the following: online sessions, transfers, online

bill pays and two or fewer branch transactions. Multi-channel customer is a customer who uses all the channels including branch but is not dominant in any. (2)

Monthly transactions reflect the monthly average for transactions conducted from October 2010-November 2011.

DRAFT

Disciplined Expense Management While Investing For

Growth

Highlights

Noninterest expense overview

Continuous improvement:

Select costs

All other noninterest expense

RBC Bank (USA) operating costs

2012 continuous

improvement initiatives

target of $400 million

has

resulted in a financial

impact of $186 million in

1H12

Continuous improvement

cost saves expected to

provide capacity for over

90% of 2012 investments

Goal of CIP is to provide

the capacity to invest in

future growth

RBC Bank (USA)

integration cost saves of

$150 million remain on

track

Components of

Noninterest Expense

1H11

1H12

Legal/mortgage

foreclosure-related/

OREO costs³

Integration costs

TPS redemption

charges

% of noninterest

expense

12%

$4.2

$5.1

All other noninterest

expense relatively flat

1H11

1H12

$4.2

$4.3

(1) Further information is provided in the Appendix. (2) Select costs include legal/mortgage foreclosure/OREO costs, integration costs and

trust preferred securities redemption charges. (3) Legal represents accruals for legal contingencies and mortgage foreclosure represents costs

to comply with regulatory consent decrees. OREO costs consist of gains/losses on sale of OREO assets, write-downs on the assets and

operating expenses. (4) Continuous improvement initiatives related to legacy PNC’s operational and business efficiency initiatives with an

estimated 2012 impact of $400 million, which is part of the total CIP 2012 goal of $550 million.

DRAFT

Effectively Managing Credit Risk

2Q12 credit risk metrics

PNC

Peers

Strong credit performance

0.71%

1.03%

PNC

Peers

1.92%

3.26%

PNC

Peers

1.39%

2.09%

PNC

Peers

2.30%

2.26%

3.06%

Net charge-offs

to average loans

Nonperforming

assets

total assets

Nonperforming

loans

total loans

Loan

loss

reserves

total loans

(1) Reflects company data for 2Q12 as of quarter-end except net charge-offs, which are for the quarter and annualized, and average loans, which are for

the quarter. Peer source: SNL database. Peers reflects the average of the peers listed in the Appendix. (2) Nonperforming loans exclude certain government

insured or guaranteed loans, loans held for sale, loans accounted for under the fair value option and purchased impaired loans. (3) The allowance for loan

and leases losses includes impairment reserves attributable to purchased impaired loans. (4) 2Q12 reserves/loans for PNC would have been 3.06% if both

reserves and loans had been adjusted to include the remaining marks on purchased impaired loans. Further information is provided in the Appendix. Other

peers have made acquisitions and have marks on purchased impaired loans; however, no adjustments have been made for those peers.

DRAFT

Reserves for Residential Mortgage Repurchase Demands

Reflect Expected Lifetime Losses

Elevated levels of residential mortgage

repurchase demands and the change in

behaviors of the GSE’s are issues impacting

the entire industry

PNC added provision of approximately $438

million to residential mortgage repurchase

reserves in 2Q12 based on expected lifetime

losses of $1.7 billion

1,3

which includes $1.2

billion of losses incurred to date

Relative to the companies listed in the table,

PNC’s reserve levels to outstanding demands

and loss coverage ratio are strong

Highlights

Reserves to outstanding demands

USB

132%

WFC

100

JPM

PNC

FITB

BAC

STI

Five Quarter Average Loss coverage ratio

BAC

14.3x

JPM

9.9

PNC

9.4

8.2

USB

6.7

WFC

5.3

STI

3.7

FITB

3.6

(1) Does not include home equity loans for PNC. (2) Reserves refer to reserves for indemnification and repurchase liability for asserted and unasserted claims

with respect to residential mortgages sold. Source: company reports. As of June 30, 2012. (3) Barring significant changes in the future behaviors and demand

patterns of investors/guarantors or other unforeseen circumstances, we believe we are appropriately reserved against future demands with respect to the sold

residential mortgage portfolio at June 30, 2012. Members of our peer group for which these categories of information was publicly available, plus Citigroup,

are presented.

DRAFT

Strong Capital and Liquidity Position

(1) Regulatory requirements are inclusive of the capital conservation buffer and subject to further regulatory guidance and clarity on Basel

NPRs. (2) Based on Basel III NPRs and including application of Basel II (as modified by NPRs) and Basel II.5 rules. (3) Parent company liquidity

coverage

defined

liquid

assets

divided

funding

obligations

within

two

year

period.

2Q12 highlights

Basel I Tier 1 common ratio of 9.3% at June

30, 2012

Capital priorities:

–

Build capital to support client growth and

business investment

–

Maintain appropriate capital in light of

economic uncertainty

–

Return excess capital to shareholders

Basel III Tier 1 common ratio goal of 8.0-8.5%

by year-end 2013 without benefit of phase-ins²

Strong liquidity position

–

Loans to deposits ratio of 87%

–

Parent company two year liquidity

coverage³

of 117%

Basel III Tier 1 common ratio

Basel

III

requirements

8.0% -

8.5%

2013 Goal

Basel III

3.5%

4.0%

4.5%

5.1%

5.8%

6.4%

7.0%

2013

2014

2015

2016

2017

2018

2019

–

Improved capital treatment expected on

sub-investment grade securities

DRAFT

Executing Our Business Model has Delivered Value

CMA

BAC

FITB

STI

KEY

$17.58

$45.19

PNC

Staying core funded and

disciplined in our deposit

pricing

Committed to our

moderate risk philosophy

Leveraging customer

relationships and our

strong brand to grow high

quality, diverse revenue

streams

Focused on creating

positive operating leverage

while investing in

innovation

Remaining disciplined with

our capital

Executing on our strategies

PNC’s successful business model

Annualized dividend yield

% change 12/31/2007 to 6/30/2012

As of 8/31/2012

12/31/07

6/30/12

157%

112%

94%

59%

45%

28%

25%

-1%

-2%

-3%

-12%

-39%

-42%

PNC

WFC

USB

JPM

MTB

COF

BBT

3.2%

2.6%

2.5%

2.4%

2.3%

2.1%

2.0%

0.8%

0.6%

0.5%

0.4%

MTB

JPM

WFC

PNC

BBT

KEY

USB

FITB

CMA

STI

BAC

COF

Tangible book value per share

Peer Source: SNL DataSource. (1) Tangible book value per share calculated as book value per share less goodwill and certain other

intangible assets. Further information is provided in the Appendix. (2) Dividend yield calculated as the annualized dividend divided by the

closing stock price.

DRAFT

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 for earnings,

revenues, expenses, capital levels and ratios, liquidity levels, asset levels, asset quality, financial position, 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.

•Our businesses, financial results and balance sheet values are affected by business and economic conditions, including the following:

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

Disruptions in the liquidity and other functioning of U.S. and global financial markets.

The impact on financial markets and the economy of any changes in the credit ratings of U.S. Treasury obligations and other U.S.

government-backed debt, as well as issues surrounding the level of U.S. and European government debt and concerns regarding the

creditworthiness of certain sovereign governments, supranationals and financial institutions in Europe.

Actions by Federal Reserve, U.S. Treasury and other government agencies, including those that impact money supply and market

interest rates.

Changes in customers’, suppliers’ and other counterparties’ performance and creditworthiness.

Slowing or failure of the current moderate economic expansion.

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

counterparties, including adverse impacts on levels of unemployment, loan utilization rates, delinquencies, defaults and counterparty

ability to meet credit and other obligations.

Changes in customer preferences and behavior, whether due to changing business and economic conditions, legislative and regulatory

initiatives, or other factors.

•Our forward-looking financial statements are subject to the risk that economic and financial market conditions will be substantially different

than we are currently expecting. These statements are based on our current view that the moderate economic expansion will persist in 2012

and interest rates will remain very low.

DRAFT

Cautionary Statement Regarding Forward-Looking

Information (continued)

Appendix

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

competitive position, reputation, or pursuit of attractive acquisition opportunities. Reputational impacts could affect matters such as business

generation and retention, liquidity, funding, and ability to attract and retain management. These developments could include:

Changes resulting from legislative and regulatory reforms, including major reform of the regulatory oversight structure of the financial

services industry and changes to laws and regulations involving tax, pension, bankruptcy, consumer protection, and other industry aspects,

and changes in accounting policies and principles. We will be impacted by extensive reforms provided for in the Dodd-Frank Wall Street

Reform and Consumer Protection Act (the “Dodd-Frank Act”) and otherwise growing out of the recent financial crisis, the precise nature,

extent and timing of which, and their impact on us, remains uncertain.

Changes to regulations governing bank capital and liquidity standards, including due to the Dodd-Frank Act and to Basel-related initiatives.

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 include proceedings, claims, investigations, or inquiries

relating to pre-acquisition business and activities of acquired companies, such as National City. These matters may result in monetary

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

expenses and collateral costs, and may cause reputational harm to PNC.

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

governmental agencies.

Impact on business and operating results of any costs associated with obtaining rights in intellectual property claimed by others and of

adequacy of our intellectual property protection in general.

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

appropriate, through effective use of third-party insurance, derivatives, and capital management techniques, and to meet evolving regulatory

capital standards. In particular, our results currently depend on our ability to manage elevated levels of impaired assets.

• Business and operating results also include impacts relating to our equity interest in BlackRock, Inc. and rely to a significant extent on

information provided to us by BlackRock. Risks and uncertainties that could affect BlackRock are discussed in more detail by BlackRock in its SEC

filings.

• Our acquisition of RBC Bank (USA) presents us with risks and uncertainties related to the integration of the acquired businesses into PNC,

including:

Anticipated benefits of the transaction, including cost savings and strategic gains, may be significantly harder or take longer to achieve

than expected or may not be achieved in their entirety as a result of unexpected factors or events.

Our ability to achieve anticipated results from this transaction is dependent also on the extent of credit losses in the acquired loan

portfolios and the extent of deposit attrition, in part related to the state of economic and financial markets. Also, litigation and regulatory

and other governmental investigations that may be filed or commenced relating to the pre-acquisition business and activities of RBC Bank

(USA) could impact the timing or realization of anticipated benefits to PNC.

Integration of RBC Bank (USA)’s business and operations into PNC may take longer than anticipated or be substantially more costly than

anticipated or have unanticipated adverse results relating to RBC Bank (USA)’s or PNC’s existing businesses. PNC’s ability to integrate RBC

Bank (USA) successfully may be adversely affected by the fact that this transaction results in PNC entering several geographic markets

where PNC did not previously have any meaningful retail presence.

DRAFT

Cautionary Statement Regarding Forward-Looking

Information (continued)

Appendix

•In addition to the RBC Bank (USA) transaction, we grow our business in part by acquiring from time to time other financial services

companies, financial services assets and related deposits and other liabilities. These other acquisitions often present risks and uncertainties

analogous to those presented by the RBC Bank (USA) transaction. Acquisition risks include those presented by the nature of the business

acquired as well as risks and uncertainties related to the acquisition transactions themselves, regulatory issues, and the integration of the

acquired businesses into PNC after closing.

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

market share, deposits and revenues. Industry restructuring in the current environment could also impact our business and financial

performance through changes in counterparty creditworthiness and performance and in the competitive and regulatory landscape. Our

ability to anticipate and respond to technological changes can also impact our ability to respond to customer needs and meet competitive

demands.

•Business and operating results can also be affected by widespread disasters, dislocations, terrorist activities or international hostilities

through impacts on the economy and financial markets generally or on us or our counterparties specifically.

We provide greater detail regarding these as well as other factors in our 2011 Form 10-K, as amended by Amendment No. 1 thereto, and

first and second quarter 2012 Form 10-Qs, including in the Risk Factors and Risk Management sections and the Legal Proceedings and

Commitments and Guarantees Notes of the Notes to Consolidated Financial Statements in those reports, and in 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

presentation 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.

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.

DRAFT

Non-GAAP to GAAP Reconcilement

Appendix

In millions except per share data

Dec. 31, 2007

Jun. 30, 2012

% Change

Common shareholders' equity

$14,847

$33,884

Common shares outstanding

341

529

Book value per common share

$43.60

$64.00

47%

Goodwill and other intangible assets other than servicing rights

$8,853

$9,981

Common shareholders' equity less intangible assets

$5,994

$23,903

Common shares outstanding

341

529

Tangible book value per common share

$17.58

$45.19

157%

As of

In millions

June 30, 2012

Allowance for loan and lease losses

$4,156

Remaining mark on purchased impaired loans

$1,400

Allowance for loan and lease losses, adjusted to include remaining mark

$5,556

Loans, as reported

$180,425

Loans, adjusted to include remaining mark on purchased impaired loans

$181,825

Allowance for loan and lease losses to loans

2.30%

Allowance for loan and lease losses plus remaining mark to loans plus remaining mark

3.06%

In millions

Jun. 30, 2012

Jun. 30, 2011

% Change

Total revenue, as reported

7,355

7,233

Provision for residential mortgage repurchase obligation

470

Total revenue, as adjusted

$7,825

$7,268

For the six months ended