First Midwest Bancorp, Inc. Declares Third Quarter Cash Dividend of $0.04 per Share

ITASCA, IL--(Marketwired - Aug 21, 2013) - First Midwest Bancorp, Inc. (the "Company" or "First Midwest") (NASDAQ: FMBI), the holding company for First Midwest Bank, today announced that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.04 per share. This quarterly cash dividend will be payable on Tuesday, October 15, 2013 to common stockholders of record on Friday, September 27, 2013 and will represent the 123^rd consecutive dividend paid by the Company since its inception in 1983.

First Midwest, with assets of more than $8.3 billion, is the premier relationship-based banking franchise in the dynamic Chicagoland banking market. As one of the Chicago metropolitan area's largest independent bank holding companies, First Midwest provides a full range of business, retail banking and wealth management services through approximately 90 offices located in communities in metropolitan Chicago, northwest Indiana, central and western Illinois, and eastern Iowa. First Midwest has been recognized by the Chicago Tribune as one of Chicago's Top Workplaces for the third consecutive year by being named a National Standard Top Workplace. Additionally, Forbes has recognized First Midwest as one of America's Most Trustworthy Companies for 2012.