National City Corporation Lowers Prime Rate to 7.75 Percent

National City Corporation (NYSE:NCC) today announced on behalf of its subsidiary banks that it has lowered its prime rate to 7.75 percent from 8.25 percent, effective immediately. The rate was last changed on June 29, 2006, when National City raised its prime rate to 8.25 percent from 8.00 percent.

About National City

National City Corporation (NYSE:NCC) , headquartered in Cleveland, Ohio, is one of the nation`s largest financial holding companies. The company operates through an extensive banking network primarily in Ohio, Florida, Illinois, Indiana, Kentucky, Michigan, Missouri, Pennsylvania and Wisconsin, and also serves customers in selected markets nationally. Its core businesses include commercial and retail banking, mortgage financing and servicing, consumer finance and asset management. For more information about National City, visit the company`s Web site at www.nationalcity.com.

Source: National City Corporation
CONTACT: Kristen Baird Adams of National City Corporation, +1-216-222-8202 or kristen.bairdadams@nationalcity.com
Web site: http://www.nationalcity.com/