Item 7.01 Regulation FD Disclosure.
On October 27, 2008, Huntington Bancshares Incorporated announced that the
Treasury Department has preliminarily approved its application to participate in
its Capital Purchase Program. Participation is subject to standard terms and
conditions. As a result, the Treasury Department intends to purchase $1.4
billion of newly issued preferred equity stock. This preferred stock will carry
a 5% coupon for five years, and 9% thereafter. In addition, the Treasury
Department will receive warrants to purchase shares of Huntington common stock
in an amount and price to be determined at the time this investment is made.
These warrants will expire in 10 years.
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