First Midwest Bancorp Announces Schedule for First Quarter 2007 Earnings Release and Teleconference

| Source: First Midwest Bancorp, Inc. First Midwest Bancorp, Inc.

ITASCA, IL -- (MARKET WIRE) -- March 30, 2007 -- First Midwest Bancorp, Inc. (NASDAQ: FMBI) today announced the following schedule and contact information for its first quarter 2007 earnings release and teleconference: 

--  1st Quarter 2007 Earnings Release:  Wednesday, April 25, 2007, prior
    to the market opening, by Market Wire distribution and First Midwest's web
    site at www.firstmidwest.com.
    
--  Teleconference:  Wednesday, April 25, 2007, from 10:00 A.M. ET to
    11:00 A.M. ET.  Listen-only mode via telephone and Internet broadcast on
    the First Midwest web site at www.firstmidwest.com.
    
--  Dial-in Numbers:  (866) 314-5232; International (617) 213-8052;
    passcode 52703518.  Please call 10 to 15 minutes before the scheduled start
    of the teleconference.
    
--  Telephone Replay:  (888) 286-8010; International (617) 801-6888;
    passcode 87389562.  The replay will be available from 12:00 P.M. ET on
    April 25, 2007 until 11:59 P.M. ET on May 2, 2007.
    
--  Web Replay:  Access the web replay by selecting the Investor Relations
    section of the First Midwest web site at www.firstmidwest.com.  The replay
    will be available beginning at 12:00 P.M. ET on April 25, 2007 until 11:59
    P.M. ET on May 2, 2007.

First Midwest is the premier relationship-based banking franchise in the growing Chicagoland banking market. As one of the Chicago metropolitan area's largest independent bank holding companies, First Midwest provides the full range of both business and retail banking and trust and investment management services through 102 offices located in 63 communities, primarily in metropolitan Chicago. First Midwest was the only bank named by Chicago magazine as one of the 25 best places to work in Chicago.

Contact Information: Michael L. Scudder EVP, Chief Financial Officer (630) 875-7283 www.firstmidwest.com First Midwest Bancorp One Pierce Place, Suite 1500 Itasca, Illinois 60143-9768 (630) 875-7450