PNC Christmas Price Index Web Site to Feature Live Chat on Dec. 18

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PNC will host a live video chat for visitos to The PNC Christmas Price Index Web site on Dec. 18. Educators, students and other visitors to the site are encouraged to join the chat to ask Jim Dunigan, managing executive of investments for PNC Wealth Management, questions about this year's Index.

For the first time, those teachers and students will be able to log on to the Christmas Price Index Web site and ask specific questions about the Index.

PNC (NYSE: PNC) will host a live video chat for visitors to The PNC Christmas Price Index Web site on Dec. 18. The PNC Christmas Price Index is a tongue-in-cheek measure of the cost of the items in the song 'The Twelve Days of Christmas.' Details for the Live Chat can be found below.

"Each year, we receive feedback from teachers that the PNC Christmas Price Index is a welcome teaching tool during the final weeks before winter break," said Jim Dunigan, managing executive of investments for PNC Wealth Management. "For the first time, those teachers and students will be able to log on to the Christmas Price Index Web site and ask specific questions about the Index."

Who: Jim Dunigan, Managing Executive of Investments, PNC Wealth Management will answer questions posted by teachers, students and other visitors to the Web site.

What: Visitors to the site are encouraged to ask questions about this year's Christmas Price Index.

Where: http://www.pncchristmaspriceindex.com/liveChat.htm

When: Tuesday, Dec. 18, 2007 from 10:30-11:30 a.m.

Additional Materials: Visit The PNC Christmas Price Index Web site for additional information regarding the history of the Christmas Price Index as well as interactive charts and games. In addition, a lesson plan has been designed by The Stock Market Game, America's premier educational stock-market simulation.

To submit questions before the chat: Questions can be submitted through the feedback page of The Christmas Price Index Web site. Every effort will be made to respond to all questions received in a timely manner.

The 23rd annual Christmas Price Index rose 3.1 percent in 2007, consistent with the 3.5 percent rate of increase in the Consumer Price Index. Drivers for the Christmas Price Index increase included the increase in minimum wage, which drove up the cost of Maids-a-Milking; the increased cost of gold, which led to higher prices for gold rings; and increases to food costs, including the most commonly eaten birds in the Index, the Geese-a-Laying. The full press release can be found here.

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.

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