SOURCE: First Midwest Bancorp, Inc.

August 16, 2007 16:27 ET

First Midwest Bancorp Declares Third Quarter Dividend

ITASCA, IL--(Marketwire - August 16, 2007) - First Midwest Bancorp, Inc. (NASDAQ: FMBI) announced the declaration of a quarterly cash dividend on its common stock of $0.295 per share on August 16, 2007. The quarterly cash dividend will be payable on October 16, 2007 to stockholders of record as of the close of business on September 28, 2007 and represents the 99th 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 103 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

    Andrea L. Stangl
    Assistant Corporate Secretary
    (630) 875-7463

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