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First Midwest Bank Finances Old Town School of Folk Music's Arts Education Building

(January 11, 2012)

ITASCA, IL -- (Marketwire) -- 01/11/12 -- First Midwest Bank celebrated with Old Town School of Folk Music on the occasion of the grand opening of its new arts education building located at 4545 North Lincoln Avenue in Chicago. First Midwest provided financing for the construction of Old Town's new facility. The celebration held on Saturday, January 7th involved many patrons who have supported this legendary Chicago cultural institution that has served the arts and music community for more than 55 years.

"First Midwest is very pleased to have partnered with Old Town School of Folk Music to make their dreams of constructing this new facility a reality," said Mark Sander, President and COO of First Midwest Bank. Adding, "We congratulate them as they celebrate their 55th anniversary in 2012 as they provide music and dance education to thousands of children and adults alike throughout the metro Chicago area."

About First Midwest

First Midwest Bank, the wholly owned subsidiary of Itasca-based First Midwest Bancorp, Inc. (NASDAQ: FMBI) 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 was also 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.

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