Stephen M. Wynne Elected PFPC CEO

Timothy G. Shack to Remain PFPC Chairman and PNC CIO PITTSBURGH, March 5 /PRNewswire-FirstCall/ -- The PNC FinancialServices Group, Inc. (NYSE: PNC) announced today that Stephen M. Wynne hasbeen elected chief executive officer (CEO) of PFPC, PNC's provider ofglobal investment services. Timothy G. Shack will remain chairman of thePFPC board, working closely with management on strategic businessinitiatives, technology advances and client relations. Shack will alsocontinue to serve as PNC chief information officer. A 31-year PFPC veteran, Wynne has been president of PFPC since 2005. AsCEO, he will be responsible for leading PFPC's delivery of information- andtransaction-based services to an international client base. "Throughout his tenure, Steve Wynne has helped guide PFPC's globalexpansion and business growth," said James E. Rohr, chairman and chiefexecutive officer, PNC. "His deep industry expertise and knowledge make himwell suited to lead PFPC's continuing transformation. Through the recentaddition of business intelligence services and the opening of new Europeanoffices, PFPC is able to provide a broad range of clients with solutionsthat span the investment continuum." Prior to being named president, Wynne served as executive vicepresident and chief operating officer of PFPC Worldwide Inc. In that rolehe oversaw and directed securities services, offshore services, the salesdivision and client relationship management. He is a member of the PFPCOperating Committee and a member of the board of directors of PFPCWorldwide Inc., PFPC Inc., PFPC Trust Company, PFPC Corp. and PFPCInternational (Ireland) Ltd. Wynne is coauthor of the college textbook, Fundamentals of Mutual FundAccounting, taught in colleges and universities in the United States andEurope. As an adjunct professor at Widener University, he teaches an MBAlevel mutual fund industry class. He is also a member of the Professionaland Academic Advisory Board of Widener University's School of BusinessAdministration and the Board of Accounting and Taxation. In 2005, Wynne wasawarded Source Media's 1st Place Fund Operations Award for Leadership. Heholds a bachelor of science degree in accounting from Widener University. PFPC, a member of The PNC Financial Services Group, Inc., is a leadingprovider of processing, technology and business solutions to the globalinvestment industry. PFPC offers subaccounting, transfer agency, managedaccount, alternative investment, fund accounting, administration andcustody services, representing over $2.5 trillion in total assets. Visit usat http://www.pfpc.com. The PNC Financial Services Group, Inc. (http://www.pnc.com) is one of thenation's largest diversified financial services organizations providingretail and business banking; specialized services for corporations andgovernment entities, including corporate banking, real estate finance andasset-based lending; wealth management; asset management and global fundservices.