FACTBOX-U.S. banks that may be eligible to repay TARP

NEW YORK, June 9 (Reuters) - Of the 19 banks that the U.S. government stress tested last month,
11 have met at least two of the criteria necessary to repay funds received under the Troubled Asset
Relief Program.

To repay TARP funds, banks must show they can raise common equity and can sell debt without a
government guarantee. They must also meet other, more subjective criteria regarding their capital
strength.

Below are the 19 banks that were stress tested last month, the amount of capital they have to
raise, and their proceeds from asset sales. Banks that have sold non-guaranteed debt and issued
equity are denoted with an asterisk (*).

TARP STRESS

INFUSION TEST NON-GOV'T

(NEAREST CAPITAL EQUITY GUARANTEED ASSET SALE
COMPANY $100 MLN) SHORTFALL OFFERED DEBT SOLD PROCEEDS
American Express Co* (AXP.N) (1) $ 3.40 bln -- $ 500 mln $ 3.00 bln --
Bank of America Corp* (BAC.N) (2) $45.00 bln $33.90 bln $21.37 bln $ 5.50 bln $ 7.30 bln
Bank of New York Mellon Corp* (BK.N)$ 3.00 bln -- $ 1.20 bln $ 1.50 bln --
BB&T Corp* (BBT.N) $ 3.10 bln -- $ 1.73 bln $ 800 mln --
Capital One Financial Corp* (COF.N) $ 3.60 bln -- $ 1.55 bln $ 1.00 bln --
Citigroup Inc (C.N) (3) $45.00 bln $ 5.50 bln -- $ 2.00 bln $64.50 bln
Fifth Third Bancorp (FITB.O) (4) $ 3.40 bln $ 1.00 bln $ 1.00 bln -- $ 1.20 bln
GMAC LLC (5) $ 5.00 bln $11.50 bln $ 3.50 bln -- --
Goldman Sachs Group Inc* (GS.N) (6) $10.00 bln -- $ 5.00 bln $ 2.00 bln $ 1.90 bln
JPMorgan Chase & Co* (JPM.N) (7) $25.00 bln -- $ 5.00 bln $ 5.50 bln --
KeyCorp (KEY.N) (8) $ 2.50 bln $ 1.80 bln $ 1.00 bln -- --
MetLife Inc (MET.N) (9) -- -- -- -- --
Morgan Stanley*(MS.N) (10) $10.00 bln $ 1.80 bln $ 6.23 bln $ 4.00 bln $ 596 mln
PNC Financial Svcs Group* (PNC.N) $ 7.60 bln $ 600 mln $ 600 mln $ 1.00 bln --
Regions Financial Corp (RF.N) (11) $ 3.50 bln $ 2.50 bln $ 2.09 bln -- --
State Street Corp* (STT.N) (12) $ 2.00 bln -- $ 2.20 bln $ 500 mln --
SunTrust Banks Inc* (STI.N) (13) $ 4.90 bln $ 2.16 bln $ 1.82 bln -- $ 260 mln
U.S. Bancorp* (USB.N) $ 6.60 bln -- $ 2.50 bln $ 1.00 bln --
Wells Fargo & Co (WFC.N) $25.00 bln $13.70 bln $ 8.60 bln -- --

Notes:

(1) Priced public offering of 19.8 million common shares at $25.25 per share.

(2) Said agreed to exchange $9.5 billion of preferred stock into 704 million shares. Sold
shares of China Construction Bank Corp (601939.SS) for $7.3 billion, and raised $5.9 billion from a
swap of preferred stock for common shares. Said it may swap another $2 billion of common stock for
preferred stock.

(3) Plans to convert $58 billion of preferred shares and trust preferred securities into common
stock. Received $2.75 billion in cash for selling a controlling stake in its Smith Barney unit,
adding about $6.5 billion of capital. The $5.5 billion capital shortfall already accounted for the
proceeds of the Smith Barney deal and an expected $52.5 billion preferred share conversion.

(4) Sold $1 billion of common stock at an average $6.33 per share. Expects to add $1.2 billion
from sale of majority stake in payment processing unit to private equity firm Advent International
Corp. Expects to swap common stock for preferred.

(5) Getting $7.5 billion from Treasury Department, including $3.5 billion to bolster capital
and $4 billion to support loans to Chrysler LLC dealers and vehicle buyers.

(6) Sold $1.9 billion of Industrial and Commercial Bank of China (601398.SS) (1398.HK) shares,
according to source familiar with pricing.

(7) Offered 142 million common shares at $35.25 per share.

(8) Said on June 2 it offered $1 billion of common shares at an average of $4.87 a share.

(9) Never received TARP money.

(10) Raised $2.2 billion by offering 80.2 million common shares at $27.44 per share. Also sold
$4.6 billion shares and its remaining stake in MSCI Inc MXB.N, an investment analysis and index
company.

(11) Sold $1.84 billion common shares and $250 million mandatory convertible preferred shares.

(12) Received proceeds of about $2.2 billion from selling common shares.

(13) Issued $1.82 billion common shares. Had $70 million gain from selling shares in credit
card network Visa Inc (V.N). Expects to realize $190 million related to deferred tax assets.