On September 14, 2009, Fitch reaffirmed its credit ratings on Huntington Bancshares Incorporated and Huntington National Bank.

On June 17, 2009, S&P lowered its credit ratings on Huntington Bancshares Incorporated senior unsecured notes to BB+ and subordinated notes to BB, and lowered its credit ratings on Huntington National Bank senior unsecured notes to BBB-, subordinated notes to BB+ and commercial paper / short-term rating to A-3.

On May 4, 2009, Standard & Poor's Ratings Services placed all ratings of Huntington Bancshares and The Huntington National Bank, along with those of 22 other banks/thrifts, on CreditWatch with negative implications. The CreditWatch placement is part of an ongoing industry review and follows their recently published criteria on stress testing and U.S. banks.  These reviews are targeted to be complete by May 30, 2009.  At the conclusion of the review, they have noted that they might downgrade ratings for banks under review by one notch or more, or affirm with a negative outlook.

On April 23, 2009, Fitch lowered its credit ratings on Huntington Bancshares Incorporated senior unsecured notes to BBB and subordinated notes to BBB-, and lowered its credit ratings on The Huntington National Bank senior unsecured notes to BBB+ and subordinated notes to BBB, and lowered the commercial paper / short-term rating to F2.  Further, they lowered their individual rating for both Huntington Bancshares and The Huntington National Bank to C.  They also changed their outlook to negative.

On April 7, 2009, Moody's lowered its credit ratings on Huntington Bancshares Incorporated senior unsecured notes to Baa2 and subordinated notes to Baa3, and lowered its credit ratings on The Huntington National Bank senior unsecured notes to Baa1 and subordinated notes to Baa3, and lowered the commercial paper / short-term rating to P-2.

On January 26, 2009, S&P lowered its credit ratings on Huntington Bancshares Incorporated senior unsecured notes to BBB and subordinated notes to BBB-, and lowered its credit ratings on Huntington National Bank senior unsecured notes to BBB+ and subordinated notes to BBB.

On January 22, 2009, Moody’s placed all ratings on negative outlook and review for downgrade on Huntington Bancshares Incorporated and Huntington National Bank.

These developments are reflected in the following table:

	Senior Unsecured Notes	Subordinated Notes	Commercial Paper / Short Term	Outlook
Huntington Bancshares Incorporated:
Moody's (1)	Baa2	Baa3	P-2	Negative
S&P (2)	BB+	BB	B	Negative
Fitch (3)	BBB	BBB-	F2	Negative
The Huntington National Bank:
Moody's (1)	Baa1	Baa2	P-2	Negative
S&P (2)	BBB-	BB+	A-3	Negative
Fitch (3)	BBB+	BBB	F2	Negative
Individual Rating, both Holding Company and Bank
Fitch (3)	C