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PNC Declares Dividend of 66 Cents on Common Stock and Initial Dividend on Preferred Stock, Series K

    PITTSBURGH, Oct. 2 /PRNewswire-FirstCall/ -- The PNC Financial Services
Group, Inc. (NYSE: PNC) today announced that the board of directors
declared a quarterly cash dividend of 66 cents per share on the common
stock. The dividend is payable Oct. 24, 2008 to shareholders of record at
the close of business Oct. 13, 2008.

    The board also declared a quarterly cash dividend on the following
preferred stocks:

    -- Series A and B: a dividend of 45 cents per share will be payable
Dec. 10, 2008 to shareholders of record at the close of business Nov. 18,
2008.

    -- Series C: a dividend of 40 cents per share will be payable Jan. 2,
2009 to shareholders of record at the close of business Dec. 5, 2008.

    -- Series D: a dividend of 45 cents per share will be payable Jan. 2,
2009 to shareholders of record at the close of business Dec. 5, 2008.

    -- Series K: a dividend of $412.50 per share, ($41.25 per each
depositary share representing one-tenth of a share of the Series K
preferred stock), will be payable on Nov. 21 to shareholders of record at
the close of business Oct. 31.

    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.



SOURCE PNC Financial Services Group, Inc.




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Related links:
  • http://www.pnc.com
  • http://www.prnewswire.com/comp/701257.html /
    CONTACT:
    MEDIA: Brian E. Goerke, +1-412-762-4550,
    corporate.communications@pnc.com; or INVESTORS: William H.
    Callihan, +1-412-762-8257, investor.relations@pnc.com, both of
    PNC Financial Services Group, Inc.