Fifth Third Bancorp · NASDAQ:FITB

Fifth Third Bancorp — Merger or Acquisition (August 2004)

8 slides from Fifth Third Bancorp's merger presentation, Aug 2, 2004

  1. Slide 1: Fifth Third Bancorp Acquisition of First National Bankshares of Florida

    Acquisition Filed Pursuant Subject Exchange byCompany: Fifth toAct Rule OfThird File August 425 Number First Bancorp under 2,National 2004 001-31883 Securities Bankshares Act of 1933 of Florida, Inc.

  2. Slide 2: Transaction Summary

    of FITB (2) (5.6% (1) Quarter $100 Transaction Affiliate 7/30/04 Expected (1)million, 2005 of Market Restructuring $49.36 Summary 2pre-tax $50 Capitalization) million CDI Exchange Charges: rate st 0.5065 ofRatio: Purchase 2.5%Fifth on Price non-time Accounting: Third per Shares FLB deposits Share: M

  3. Slide 3: First National Bankshares of Florida Overview and Financial Summary

    • Wealth $5,331 Southern shareholders deposits bank Data markets $55 Business 9% Corporation, of National’s as PA; 2004 2004: _Overview 40% Florida all spun trust millions) Ratios June include billion 10% Comm 3,871 in National /2004. First tax distribution OREO Mtg. of pending amergers +presence 3F

  4. Slide 4: Significant Market Position in Washington

    Market 737 in 5,751 Washington Savings and Right _ _%completed 923 Markets, 5,468 %Share Financial 4474,983 Mutual 149 20.2% acquisitions. Significant 147 Ocean 4,835 Colonial 19.0 1934,089 Bankshares 11.0 47 Sales 35 BancGroup 3.9 3,704 15 Opportunities 2.6 120 3,464 First 2.5 93FITB 2.1 National 2

  5. Slide 5: Attractive Florida Markets and Deposit Market Share

    33of 1 Tampa Citizens Institution Market Rank Sarasota Gold 8 # weighted 1,315 Combined Trust Financial 8241 53Branches 4Florida Banc 11,098 20 /42Share St. BancShar Deposit 15 53average Group Bank Franchise 6Corp. 4Petersburg 975Community 97124.9% 24.8% 13 120 45 20 86 of 9Villages 476 7in 618 47 B

  6. Slide 6: Growth Track Record and High Credit Quality

    and 3% 23 NPA’s 2001 .1 Net of deposit CAGR Pro revenue 2002 Deposits 2000 1999 82003 2002 $0 0.27 1999 Pro Forma a With interest 0.31 Loans NCO’s 0.21 /6$240 Forma 2002 Loans Noninterest 2003 0.35 0.22 2001 Pro Pristine 6/30 income / 0.16 $200 Average 0.3 0.13 2002 & Forma 6/30 CAGR 0.07 OREO 0.25

  7. Slide 7: Pro Forma Deposit and Loan Mix

    • _Bank $94K CDS Deposit 7Income/FTE Construction deposits Loans in Consumer billion Comm $4.7 Forma Banking Over 30% assets Market Commercial (Florida)…Pro 90 37% Forma) Centers Mtg. 6% loans Deposits 18% = $31K MMDA Res. in Mtg. 12% inDDA Third 27% 8% 16% billion MSAbillion (ProFifth SAV$6.3 21%$4

  8. Slide 8: Forward-Looking Statements and Additional Information

    may Act uncertainties. Third “anticipates,” expressions. such prepayment Bankshares First funding other Commission. aadvised solicitation included Forward http://www.sec.gov free of contain aNational economic factors Bancorp, copy 1933, difference to and Looking inread of First and/or speeds, liquid

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