Fitch Ratings Affirms Rtgs for First Commonwealth Bank.

Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 6, 2002

Fitch Ratings affirms the ratings for First Commonwealth Bank, the banking subsidiary of Indiana, PA-based First Commonwealth Financial Corporation (FCF). FCF merged its former Greensburg-Pa based Southwest Bank into First Commonwealth Bank. The consolidation of the two commercial banks reflects FCF's strategic decision to operate under one brand. Fitch Ratings continues to provide coverage of FCF and, as a result of the combination, withdraws all ratings of Southwest Bank.

Ratings Withdrawn:

Southwest Bank

--Long-term 'BBB';

--Long-Term Deposit 'BBB+';

--Short Term 'F2';

--Short Term Deposit 'F2';

--Individual 'B/C';

--Support '5';

--Rating Outlook Stable.

Ratings Affirmed:

First Commonwealth Bank

--Long-term 'BBB';

--Long-Term Deposit 'BBB+';

--Short Term 'F2';

--Short Term Deposit 'F2';

--Individual 'B/C';

--Support '5';

--Rating Outlook Stable.