FirstMerit Repurchases Warrant from U.S. Treasury

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Wed May 27, 2009 5:06pm EDT

AKRON, Ohio, May 27 /PRNewswire-FirstCall/ -- FirstMerit Corporation (Nasdaq:
FMER) announced today that it has repurchased the warrant to purchase 952,260
shares of common stock issued to the U.S. Department of Treasury on January 9,
2009, as part of the Capital Purchase Program (CPP).  The company repurchased
the warrant for $5,025,000.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070920/CLTU138LOGO )

On April 22, FirstMerit announced that it repurchased all of the $125 million
in preferred, non-voting stock that was sold to the Treasury Department under
the CPP.

About FirstMerit
FirstMerit Corporation is a diversified financial services organization
headquartered in Akron, Ohio, with assets of $11.0 billion as of March 31,
2009 and 158 banking offices and 172 ATMs in Ohio and Western Pennsylvania
counties. FirstMerit provides a complete range of banking and other financial
services to consumers and businesses through its core operations. Principal
wholly-owned subsidiaries include: FirstMerit Bank, N.A., FirstMerit Mortgage
Corporation, FirstMerit Title Agency, Ltd., and FirstMerit Community
Development Corporation.

    FirstMerit Corporation
    Analysts: Thomas O'Malley/Investor Relations Officer
    Phone: 330.384.7109
    Media: Rob Townsend/Media Relations Officer
    Phone: 330-384-7075


SOURCE  FirstMerit Corporation

Analysts, Thomas O'Malley, Investor Relations Officer, +1-330-384-7109; or
Media, Rob Townsend, Media Relations Officer,  +1-330-384-7075, FirstMerit
Corporation, +1-330-384-7075
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