Riggs National Corporation

As of May 13, 2005, Riggs National Corporation was acquired by The PNC Financial Services Group, Inc. Riggs National Corporation operates as the holding company of Riggs Bank N.A., which offers financial products and services primarily to customers in the Washington, D.C. metropolitan area, and to a lesser extent, throughout the United States and internationally. The bank provides corporate and institutional services, such as lines of credit, secured and unsecured term loans, letters of credit, credit support facilities, foreign currency transactions, and cash management. It also provides fiduciary and administrative services, including financial management and tax planning for individuals, investment, and accounting services for governmental, corporate, and nonprofit organizations, as well as estate planning and trust administration. Additionally, the bank offers checking, NOW, savings, and money market accounts; personal loans and lines of credit; certificates of deposit; individual retirement accounts; and investment sales, as well as telebanking services and automated teller machine services. Its international banking group provides letters of credit, deposit services, foreign currency exchange, private banking, and cash management to embassies and foreign missions, foreign governments, central banks of foreign governments, and other banks. As of July 16, 2004, the company operated 50 branches in the metropolitan Washington, D.C. area. It also has operations in New Haven (Connecticut) and Miami (Florida); London (England); Berlin (Germany); Jersey (Channel Islands); and Nassau (Bahamas). The company is headquartered in Washington, D.C.