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Safe Harbor
Statement; Disclaimer Any statements in this presentation that are not
historical facts are forward-looking statements as defined in the Private
Securities Litigation Reform Act of 1995. Words such as
"anticipates," "believes," "feels," "expects,"
"estimates," "seeks," "strives,"
"plans," "intends," "outlook,"
"forecast," "position," "target,"
"mission," "assume," "achievable,"
"potential," "strategy," "goal,"
"aspiration," opportunity, initiative, "outcome,"
"continue," "remain," "maintain,"
"trend," "objective," pending, looks forward and
variations of such words and similar expressions, or future or conditional
verbs such as "will," "would," "should,"
"could," "might," "can," "may" or
similar expressions, as they relate to Comerica or its management, are
intended to identify forward-looking statements. These forward-looking
statements are predicated on the beliefs and assumptions of Comericas
management based on information known to Comericas management as of the date
of this presentation and do not purport to speak as of any other date.
Forward-looking statements may include descriptions of plans and objectives
of Comericas management for future or past operations, products or services,
and forecasts of Comericas revenue, earnings or other measures of economic
performance, including statements of profitability, business segments and
subsidiaries, estimates of credit trends and global stability. Such
statements reflect the view of Comericas management as of this date with
respect to future events and are subject to risks and uncertainties. Should
one or more of these risks materialize or should underlying beliefs or
assumptions prove incorrect, Comericas actual results could differ
materially from those discussed. Factors that could cause or contribute to
such differences are changes in general economic, political or industry
conditions and related credit and market conditions; changes in trade,
monetary and fiscal policies, including the interest rate policies of the
Federal Reserve Board; adverse conditions in the capital markets; the
interdependence of financial service companies; changes in regulation or
oversight, including the effects of recently enacted legislation, actions
taken by or proposed by the U.S. Treasury, the Board of Governors of the
Federal Reserve System, the Texas Department of Banking and the Federal
Deposit Insurance Corporation, legislation or regulations enacted in the
future, and the impact and expiration of such legislation and regulatory
actions; unfavorable developments concerning credit quality; the proposed
acquisition of Sterling Bancshares, Inc. (Sterling), or any future
acquisitions; the effects of more stringent capital or liquidity
requirements; declines or other changes in the businesses or industries in
which Comerica has a concentration of loans, including, but not limited to,
the automotive production industry and the real estate business lines; the
implementation of Comericas strategies and business models, including the
anticipated performance of any new banking centers; Comericas ability to
utilize technology to efficiently and effectively develop, market and deliver
new products and services; operational difficulties or information security
problems; changes in the financial markets, including fluctuations in
interest rates and their impact on deposit pricing; the entry of new
competitors in Comericas markets; changes in customer borrowing, repayment,
investment and deposit practices; managements ability to maintain and expand
customer relationships; managements ability to retain key officers and
employees; the impact of legal and regulatory proceedings; the effectiveness
of methods of reducing risk exposures; the effects of war and other armed
conflicts or acts of terrorism and the effects of catastrophic events
including, but not limited to, hurricanes, tornadoes, earthquakes, fires,
droughts and floods. Comerica cautions that the foregoing list of factors is
not exclusive. For discussion of factors that may cause actual results to differ
from expectations, please refer to our filings with the Securities and
Exchange Commission (SEC). In particular, please refer to Item 1A. Risk
Factors beginning on page 16 of Comericas Annual Report on Form 10-K for
the year ended December 31, 2010. Forward-looking statements speak only as of
the date they are made. Comerica does not undertake to update forward-looking
statements to reflect facts, circumstances, assumptions or events that occur
after the date the forward-looking statements are made. For any
forward-looking statements made in this presentation or in any documents,
Comerica claims the protection of the safe harbor for forward-looking
statements contained in the Private Securities Litigation Reform Act of 1995.
Annualized, pro forma, projected and estimated numbers are used for
illustrative purposes only, are not forecasts and may not reflect actual
results.
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