PNC and National City Shareholders Approve Acquisition

PNC expects transaction to close on December 31, 2008 


PITTSBURGH, Dec. 23  /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) announced at a special meeting today that its shareholders approved the issuance of shares of PNC common stock in connection with the acquisition of National City Corporation (NYSE:NCC). In a separate meeting today, National City stockholders approved the acquisition, which is expected to close on Dec. 31, 2008. Both shareholder groups approved the transaction by a substantial margin.

The PNC Financial Services Group, Inc. (http://www.pnc.com/) is one of the nation's largest diversified financial services organizations providing retail and business 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. 

DATASOURCE: The PNC Financial Services Group, Inc.



CONTACT:  Media, Fred Solomon, [phone],

, or Investors, William H. Callihan,

[phone], , both of The PNC Financial

Services Group, Inc.



Web site:  http://www.pnc.com/ 



Company News On-Call:  http://www.prnewswire.com/comp/701257.html

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