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Fifth Third Bank

News Release

 

Fifth Third Bancorp Announces First Quarter Dividend

3/20/07

Fifth Third Bancorp (Nasdaq: FITB) today declared its first quarter 2007 cash dividend on its common shares of $0.42, an increase of 11 percent over the $0.38 per share declared in the first quarter of 2006. The cash dividend is payable on April 19, 2007 to shareholders of record as of March 30, 2007. The Bancorp will report first quarter financial results on April 19, 2007.

Fifth Third Bancorp Chairman & CEO George A. Schaefer, Jr. reports, “We are pleased to again deliver a quarterly cash dividend increase to shareholders. On behalf of the Board, our management team and 22,000 employees, we thank our shareholders for their confidence and support.”

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $100.7 billion in assets, operates 19 affiliates with 1,158 full-service Banking Centers, including 109 Bank Mart® locations open seven days a week inside select grocery stores and 2,102 Jeanie® ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania and Missouri. Fifth Third operates five main businesses: Commercial Banking, Branch Banking, Consumer Lending, Investment Advisors and Fifth Third Processing Solutions. Fifth Third is among the largest money managers in the Midwest and, as of December 31, 2006, has $220 billion in assets under care, of which it manages $34 billion for individuals, corporations and not-for-profit organizations. Investor information and press releases can be viewed at www.53.com. Fifth Third's common stock is traded through the NASDAQ® National Global Select Market System under the symbol "FITB." Member FDIC.