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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. ( 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; asset management and global fund services.



    CONTACTS:

    MEDIA:
    ------
    Fred Solomon
    (412) 762-4550
    corporate.communications@pnc.com

    INVESTORS:
    ----------
    William H. Callihan
    (412) 762-8257
    investor.relations@pnc.com



SOURCE The PNC Financial Services Group, Inc.