SOURCE: First Midwest Bancorp, Inc.

February 21, 2007 16:26 ET

First Midwest Bancorp Declares First Quarter Dividend

ITASCA, IL -- (MARKET WIRE) -- February 21, 2007 -- First Midwest Bancorp, Inc. (NASDAQ: FMBI) today announced the declaration of a quarterly cash dividend on its common stock of $0.295 per share. The quarterly cash dividend will be payable on April 17, 2007 to stockholders of record as of the close of business on March 30, 2007 and represents the 97th consecutive quarterly dividend distribution since the Company's formation in 1983.

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

    First Midwest Bancorp
    One Pierce Place
    Suite 1500
    Itasca, Illinois 60143-9768
    (630) 875-7450