First Midwest Bancorp, Inc. Declares Fourth Quarter Dividend of $0.01 per Share

ITASCA, IL--(Marketwire - Nov 16, 2011) - First Midwest Bancorp, Inc. (the "Company" or "First Midwest") (NASDAQ: FMBI), the holding company of First Midwest Bank, today announced that the Board of Directors has declared a quarterly common stock dividend of $0.01 per share, payable Tuesday, January 17, 2012 to shareholders of record on Friday, December 16, 2011.

First Midwest is the premier relationship-based banking franchise in the Chicagoland banking market with approximately $8.4 billion in assets. As one of the Chicago metropolitan area's largest independent bank holding companies, First Midwest provides the full range of business, retail banking and trust and investment management services through some 100 offices located in communities in metropolitan Chicago, northwest Indiana, central and western Illinois and eastern Iowa. First Midwest was recently recognized as having the "Highest Customer Satisfaction with Retail Banking in the Midwest" according to the J.D. Power and Associates 2011 Retail Banking Satisfaction Study(SM). The Bank also was recognized by the Chicago Tribune for the second straight year as one of the top 20 best places to work in Chicago among large employers.