First Midwest to Participate in Keefe, Bruyette & Woods Regional Bank Conference


ITASCA, IL -- (MARKET WIRE) -- February 22, 2007 -- First Midwest Bancorp, Inc. (NASDAQ: FMBI) today announced that it will be participating in the KBW Regional Bank Conference to be held in Boston, Massachusetts on February 28 - March 1, 2007. Michael L. Scudder, First Midwest's Executive Vice President and Chief Financial Officer, and Thomas J. Schwartz, First Midwest's Group President of Commercial Banking, are scheduled to present at the Conference on Thursday, March 1st at 1:00 PM (ET). Interested individuals may listen to the live webcast of the presentation and view a copy of the slides used in the presentation by accessing http://www.firstmidwest.com/aboutinvestor_overview.asp.

For those unable to attend the live broadcast, a replay will be available on the aforementioned website for approximately 7 days following the presentation.

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: CONTACT: 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