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Capital Offerings Profile

Capital Offerings Profile

Company NameFirst Commonwealth Financial Corporation
Offering TypeFollow-On
DescriptionCommon stock, $1.00 par value
Currency of IssueUSD
Trading Symbol (Exchange)FCF (NYSE)
Announcement Date10/27/2008
Trade Date10/31/2008
Settlement Date11/5/2008
Completion Date10/31/2008
Overallotment Expiration12/5/2008
Lock-up Expiration1/29/2009
Date Overallotment Exercised11/5/2008
Mandatory Redemption?No
Exchange for Existing Issue?No

Use of Proceeds
The net proceeds of this offering will be used for general corporate purposes, which include supporting the continued growth and related regulatory capital needs of the company, expanding company operations through acquisitions and de novo branch offices and funding working capital needs.

Offer Price ($)10.00
Gross Amount Offered ($000)100,000
Amount Including Overallotment ($000)115,000
Shares Offered10,000,000
Total Shares Offered11,500,000

Overallotment Amount Available ($000)15,000
Overallotment Shares Available1,500,000
Overallotment Amount Exercised ($000)15,000
Overallotment Shares Exercised1,500,000

Underwriting Fees
Gross Spread ($)0.50
Gross Spread (%)5.00
Sales Concession ($)0.30
Reallowance ($)0.10

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  Keefe, Bruyette & Woods, Inc.7,500,00075,000
  Macquarie USA, LLC2,500,00025,000

Underwriter's CounselThacher Proffitt & Wood, LLP
Auditor(s)KPMG LLP

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