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First Midwest Bancorp Declares First Quarter Dividend

    ITASCA, Ill., Feb. 23 /PRNewswire-FirstCall/ -- First Midwest Bancorp,
Inc. (Nasdaq: FMBI) today announced the declaration of a quarterly cash
dividend on its common stock of $0.24 per share.  The quarterly cash dividend
will be payable on April 19, 2005 to stockholders of record as of the close of
business on March 24, 2005 and represents the 89th 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 markets.  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 67 offices located in 49 communities, primarily in
northeastern Illinois.  First Midwest is the 2004 recipient of the Illinois
Bank Community Service Award and was honored by Chicago magazine in its
September, 2004 issue as one of the 25 best places to work in Chicago.


SOURCE First Midwest Bancorp, Inc.




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Related links:
  • http://www.firstmidwest.com
    CONTACT:
    Steven H. Shapiro, EVP, Corporate Secretary
    of First Midwest Bancorp, +1-630-875-7345