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PNC Completes TARP Repayment

PITTSBURGH, Feb 10, 2010 /PRNewswire via COMTEX/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that it has redeemed $7.6 billion of Series N preferred shares held by the United States Treasury under the Troubled Asset Relief Program's Capital Purchase Program.

The PNC Financial Services Group, Inc. ( ) 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; asset management and global fund services.


    Fred Solomon
    (412) 762-4550

    William H. Callihan
    (412) 762-8257

SOURCE The PNC Financial Services Group, Inc.