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PNC Completes Acquisition of Albridge Solutions Inc.
PRNewswire-FirstCall
PITTSBURGH
(NYSE:PNC)

PITTSBURGH, Dec. 7 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it has closed the acquisition of Lawrenceville, N.J.-based Albridge Solutions Inc., a provider of portfolio accounting and enterprise wealth management services. Albridge increases the offerings of PFPC Worldwide Inc., PNC's provider of global investment services.

PFPC is a leading provider of processing, technology and business solutions to the global investment industry. PFPC offers subaccounting, transfer agency, managed account, alternative investment, fund accounting, administration and custody services, representing over $2.5 trillion in total assets. Visit us at http://www.pfpc.com/.

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: The PNC Financial Services Group, Inc.

CONTACT: Media, Rob Tacey, +1-302-791-2859, robert.tacey@pfpc.com,
Fred Solomon, +1-412-762-7544, frederick.solomon@pnc.com, or Investors,
William H. Callihan, +1-412-762-8257, investor.relations@pnc.com all of The
PNC Financial Services Group, Inc.

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

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