Approval of proposal by Fifth Third Bancorp

The following press release was published by the Board of Governors of the Federal Reserve System on April 15, 2008. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced its approval of the proposal by Fifth Third Bancorp, Cincinnati, Ohio, to acquire First Charter Corporation and its subsidiary bank, First Charter Bank, both of Charlotte, North Carolina.

Attached is the Board’s Order relating to this action.

Source: Board of Governors of the Federal Reserve System