Fifth Third Bancorp Announces Sale of a Portion of Its Vantiv Shares

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Fifth Third Bancorp Announces Sale of a Portion of Its Vantiv Shares

On November 30, 2012, Vantiv, Inc. (Nasdaq: VNTV), filed an S-1 registration statement for Fifth Third (Nasdaq: FITB) to sell shares of Class A common stock of Vantiv, Inc. once the registration statement has been declared effective.

If the offering is completed as currently anticipated, this would be Fifth Third’s first sale of Vantiv stock since Vantiv’s initial public offering in March 2012 (in which Fifth Third only sold shares to fulfill its obligations in the underwriters' overallotment option).

The purpose of the offering is to begin the process of monetizing the remaining portion of Fifth Third’s stake in Vantiv in a considered, orderly fashion over time, and to generate proceeds for Fifth Third’s general corporate purposes, potentially including actions to optimize its balance sheet and liability costs and/or repurchase Fifth Third common stock.

This document does not constitute an offer of any securities for sale. Any offering of securities will be made only by prospectus following the effectiveness of the aforementioned registration statement.