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Press Release

First Commonwealth Declares Quarterly Dividend

Company Release - 3/18/2008 4:30 PM ET

INDIANA, Pa., March 18 /PRNewswire-FirstCall/ -- First Commonwealth Financial Corporation (NYSE: FCF) has declared a first quarter dividend of $0.17 per share payable on April 15, 2008, to shareholders of record at the close of business March 31, 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030416/FIRSTLOGO )

First Commonwealth is designated a "Dividend Achiever," as classified in Mergent's Dividend Achievers handbook, based on its outstanding record of providing shareholders with increased dividend performance.

First Commonwealth Financial Corporation is a $5.9 billion bank holding company headquartered in Indiana, Pennsylvania. It operates 112 retail branch offices in 15 counties in western and central Pennsylvania through First Commonwealth Bank, a Pennsylvania chartered bank and trust company. Financial services and insurance products are also provided through First Commonwealth Insurance Agency and First Commonwealth Financial Advisors, Inc.

SOURCE First Commonwealth Financial Corporation

Contact: Edward J. Lipkus, Executive Vice President, Chief Financial Officer and Controller of First Commonwealth Financial Corporation, +1-724-349-7220
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