PNC's Preferred Stock Series F Tender Offer Expires

Apr 04, 2001, 01:00 ET from The PNC Financial Services Group, Inc.

    PITTSBURGH, April 4 /PRNewswire/ -- The PNC Financial Services Group, Inc.
 (NYSE:   PNC) announced today that its offer to purchase any and all of its
 Fixed/Adjustable Rate Noncumulative Series F Preferred Stock expired as
 scheduled at 5:00 p.m., New York City time, on April 3, 2001.  PNC has
 accepted all validly tendered shares.  Out of the 6 million shares
 outstanding, 1.901 million shares were tendered.  Payment for the tender
 shares is expected to be made April 5, 2001.
     Merrill Lynch & Co acted as the dealer manager for the tender offer.
 Questions or requests for assistance may be directed to Merrill Lynch at
 888-654-8637.
     The PNC Financial Services Group, Inc., headquartered in Pittsburgh, is
 one of the nation's largest diversified financial services organizations,
 providing regional banking, corporate banking, real estate finance, asset-
 based lending, wealth management, asset management and global fund services.
 
 

SOURCE The PNC Financial Services Group, Inc.
    PITTSBURGH, April 4 /PRNewswire/ -- The PNC Financial Services Group, Inc.
 (NYSE:   PNC) announced today that its offer to purchase any and all of its
 Fixed/Adjustable Rate Noncumulative Series F Preferred Stock expired as
 scheduled at 5:00 p.m., New York City time, on April 3, 2001.  PNC has
 accepted all validly tendered shares.  Out of the 6 million shares
 outstanding, 1.901 million shares were tendered.  Payment for the tender
 shares is expected to be made April 5, 2001.
     Merrill Lynch & Co acted as the dealer manager for the tender offer.
 Questions or requests for assistance may be directed to Merrill Lynch at
 888-654-8637.
     The PNC Financial Services Group, Inc., headquartered in Pittsburgh, is
 one of the nation's largest diversified financial services organizations,
 providing regional banking, corporate banking, real estate finance, asset-
 based lending, wealth management, asset management and global fund services.
 
 SOURCE  The PNC Financial Services Group, Inc.

RELATED LINKS

http://www.pncbank.com