SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- SCHEDULE 13G (RULE 13D-102) INFORMATION STATEMENT PURSUANT TO RULE 13D-1 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1) ALLEGHANY CORPORATION (Name of Issuer) Common Stock ------------ (Title of Class of Securities) 017175100 (CUSIP Number) December 31, 2003 ----------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) CUSIP No. 017175100 Page 1 of 4 Pages 1) Names of Reporting Persons IRS Identification No. Of Above Persons The PNC Financial Services Group, Inc. 25-1435979 2) Check the Appropriate Box if a Member of a Group (See Instructions) a) [ ] b) [ ] 3) SEC USE ONLY 4) Citizenship or Place of Organization Pennsylvania Number of Shares 5) Sole Voting Power 1,289 Beneficially Owned 6) Shared Voting Power 305,655 By Each Reporting 7) Sole Dispositive Power -0- Person With 8) Shared Dispositive Power 112,990 9) Aggregate Amount Beneficially Owned by Each Reporting Person 419,341 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions [ ] 11) Percent of Class Represented by Amount in Row (9) 5.59 12) Type of Reporting Person (See Instructions) HC SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- SCHEDULE 13G (RULE 13D-102) INFORMATION STATEMENT PURSUANT TO RULE 13D-1 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1) ALLEGHANY CORPORATION (Name of Issuer) Common Stock ------------ (Title of Class of Securities) 017175100 (CUSIP Number) December 31, 2003 ----------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) CUSIP No. 017175100 Page 2 of 4 Pages 1) Names of Reporting Persons IRS Identification No. Of Above Persons PNC Bancorp, Inc. 51-0326854 2) Check the Appropriate Box if a Member of a Group (See Instructions) a) [ ] b) [ ] 3) SEC USE ONLY 4) Citizenship or Place of Organization Delaware Number of Shares 5) Sole Voting Power 1,289 Beneficially Owned 6) Shared Voting Power 305,655 By Each Reporting 7) Sole Dispositive Power -0- Person With 8) Shared Dispositive Power 112,990 9) Aggregate Amount Beneficially Owned by Each Reporting Person 419,341 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions [ ] 11) Percent of Class Represented by Amount in Row (9) 5.59 12) Type of Reporting Person (See Instructions) HC SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- SCHEDULE 13G (RULE 13D-102) INFORMATION STATEMENT PURSUANT TO RULE 13D-1 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1) ALLEGHANY CORPORATION (Name of Issuer) Common Stock ------------ (Title of Class of Securities) 017175100 (CUSIP Number) December 31, 2003 ----------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) CUSIP No. 017175100 Page 3 of 4 Pages 1) Names of Reporting Persons IRS Identification No. Of Above Persons PNC Bank, National Association 22-1146430 2) Check the Appropriate Box if a Member of a Group (See Instructions) a) [ ] b) [ ] 3) SEC USE ONLY 4) Citizenship or Place of Organization United States Number of Shares 5) Sole Voting Power 1,289 Beneficially Owned 6) Shared Voting Power 305,655 By Each Reporting 7) Sole Dispositive Power -0- Person With 8) Shared Dispositive Power 112,990 9) Aggregate Amount Beneficially Owned by Each Reporting Person 419,341 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions [ ] 11) Percent of Class Represented by Amount in Row (9) 5.59 12) Type of Reporting Person (See Instructions) BK Page 4 of 4 Pages ITEM 4 - OWNERSHIP: The following information is as of December 31, 2003: (a) Amount Beneficially Owned: 419,341 shares (b) Percent of Class: 5.59 (c) Number of shares to which such person has: (i) sole power to vote or to direct the vote 1,289 (ii) shared power to vote or to direct the vote 305,655 (iii) sole power to dispose or to direct the disposition of -0- (iv) shared power to dispose or to direct the disposition of 112,990 ITEM 7 - IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: Included are the following subsidiaries of The PNC Financial Services Group, Inc. - HC: PNC Bancorp, Inc. - HC (wholly owned subsidiary of The PNC Financial Services Group, Inc.) PNC Bank, National Association - BK (wholly owned subsidiary of PNC Bancorp, Inc.) ITEM 10 - CERTIFICATION: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 10, 2004 -------------------------------------------------- Date By: /s/ Joan L. Gulley -------------------------------------------------- Signature - The PNC Financial Services Group, Inc. Joan L. Gulley, Vice President -------------------------------------------------- Name & Title February 10, 2004 February 10, 2004 -------------------------------------------------- --------------------------------------------------- Date Date By: /s/ Maria C. Schaffer By: /s/ Joan L. Gulley -------------------------------------------------- --------------------------------------------------- Signature - PNC Bancorp, Inc. Signature - PNC Bank, National Association Maria C. Schaffer, Executive Vice President Joan L. Gulley, Executive Vice President -------------------------------------------------- --------------------------------------------------- Name & Title Name & Title AN AGREEMENT TO FILE A JOINT STATEMENT WAS PREVIOUSLY FILED AS EXHIBIT A TO SCHEDULE 13G