Fifth Third Bancorp Announces Third Quarter 2010 Common and Preferred Stock Dividends

Fifth Third Bancorp FITB today declared its third quarter 2010 cash dividends on its common shares, Series G preferred shares and Series F preferred shares. Fifth Third declared a third quarter 2010 cash dividend on its common shares of $0.01. The cash dividend is payable on Thursday, October 21, 2010 to shareholders of record as of Thursday, September 30, 2010. Fifth Third also declared a third quarter cash dividend on its 8.50% Non-Cumulative Perpetual Convertible Preferred Stock, Series G, at the rate of $531.25 per share, which equates to approximately $2.125 for each depositary share. Each depositary share represents a 1/250th ownership interest in a share of Series G Preferred Stock FITBP. The Series G dividend is payable on Thursday, September 30, 2010 to shareholders of record as of Friday, September 24, 2010. Fifth Third also declared a cash dividend on its Fixed-Rate Cumulative Perpetual Preferred Stock, Series F, at the rate of $312.50 per share. The Series F dividend is payable on Thursday, September 30, 2010 to the shareholder of record as of Wednesday, September 15, 2010.