FACTBOX-U.S. banks that are repaying TARP

June 9 (Reuters) - The U.S. Treasury said on Tuesday that 10 major banks have been approved to
repay taxpayer funds received under the Troubled Asset Relief Program.

The Treasury did not identify the 10, but below is a list of banks that say they are repaying
TARP funds.

Following that is a list of banks that have met at least two requirements for repaying TARP
funds: issuing equity and selling debt without a government guarantee.

Below that is a list of the largest U.S. banks not expected to repay TARP funds soon.

Apart from Northern Trust, all banks below underwent a special test of capital adequacy known
as a "stress test."

TARP STRESS

INFUSION TEST NON-GOV'T

(NEAREST CAPITAL EQUITY GUARANTEED ASSET SALE

$100 MLN) SHORTFALL OFFERED DEBT SOLD PROCEEDS
BANKS THAT ARE REPAYING
American Express Co (AXP.N) $ 3.4 bln -- $ 500 mln $ 3.0 bln --
Bank of New York Mellon Corp (BK.N)$ 3.0 bln -- $ 1.2 bln $ 1.5 bln --
BB&T Corp (BBT.N) $ 3.1 bln -- $ 1.73 bln $ 800 mln --
Capital One Financial Corp (COF.N) $ 3.6 bln -- $ 1.55 bln $ 1.0 bln --
Goldman Sachs Group Inc (GS.N)(1) $10.0 bln -- $ 5.0 bln $ 2.0 bln $ 1.9 bln
JPMorgan Chase & Co (JPM.N) $25.0 bln -- $ 5.0 bln $ 5.5 bln --
Morgan Stanley (MS.N) (2) $10.0 bln $ 1.8 bln $ 6.23 bln $ 4.0 bln $ 596 mln
State Street Corp (STT.N) $ 2.0 bln -- $ 2.2 bln $ 500 mln --
U.S. Bancorp (USB.N) $ 6.6 bln -- $ 2.5 bln $ 1.0 bln --
BANKS APPROVED TO REPAY TARP
FUNDS THAT WERE NOT STRESS-TESTED
Northern Trust Corp (NTRS.O) $ 1.6 bln -- $862.5 mln $ 500 mln
BANKS THAT HAVE MET AT LEAST
TWO ELIGIBILITY REQUIREMENTS TO REPAY
Bank of America Corp (BAC.N) (3) $45.0 bln $33.9 bln $21.4 bln $ 5.5 bln $ 7.3 bln
PNC Financial Svcs Group (PNC.N) $ 7.6 bln $ 600 mln $ 600 mln $ 1.0 bln --
BANKS NOT SEEN REPAYING TARP SOON
Citigroup Inc (C.N) (4) $45.0 bln $ 5.5 bln -- $ 2.0 bln $ 6.5 bln
Fifth Third Bancorp (FITB.O) (5) $ 3.4 bln $ 1.0 bln $ 1.0 bln -- $ 1.2 bln
GMAC LLC GMGMQ.PK [CBS.UL] $ 5.0 bln $11.5 bln $ 3.5 bln -- --
KeyCorp (KEY.N) $ 2.5 bln $ 1.8 bln $ 1.0 bln -- --
Regions Financial Corp (RF.N) $ 3.5 bln $ 2.5 bln $ 2.09 bln -- --
SunTrust Banks Inc (STI.N) (6) $ 4.9 bln $ 2.16 bln $ 1.82 bln -- $ 260 mln
Wells Fargo & Co (WFC.N) $25.0 bln $13.7 bln $ 8.6 bln -- --
COMPANIES THAT WERE STRESS-TESTED
BUT DID NOT TAKE TARP FUNDS
MetLife Inc (MET.N) -- -- -- -- --

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

(2) 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.

(3) Said agreed to exchange about $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.

(4) 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 the preferred share conversion.

(5) 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.

(6) 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.
(Reporting by New York Equities)