PrivateBancorp, Inc. (PVTB) CEO to Ring the NASDAQ Stock Market Opening Bell


ADVISORY, Nov. 17, 2006 (PRIMEZONE) --



 What:
 Ralph Mandell, CEO of PrivateBancorp, Inc. (PVTB) will preside over the 
 opening bell in conjunction with its investor day conference.

 81% of all publicly traded banks on the U.S. equity markets are on NASDAQ

 Where:
 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

 When: 
 Monday November 20th, 2006 at 9:30 a.m. ET

 Contacts:
 George Morvis
 Media Relations
 630-734-8116 Ext. 228
 george@financialshares.com

 Katie Manzel
 Investor Relations
 312-683-0207
 kmanzel@pvtb.com

 Dennis Klaeser
 Chief Financial Officer
 312-683-7100
 dklaeser@pvtb.com

 NASDAQ MarketSite:
 Silvia Davi; 646.441.5014

Feed Information:

The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Silvia Davi at (646) 441-5014.

Photos:

To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.

About PrivateBancorp, Inc. (PVTB):

PrivateBancorp, Inc. was organized in 1989 to provide distinctive, highly personalized premium financial services primarily to privately held businesses, affluent individuals, wealthy families, professionals, entrepreneurs and real estate investors for their personal and professional interests. The Company uses a European tradition of "private banking" as a model to develop lifetime relationships with its clients. Utilizing a team of highly qualified managing directors, PrivateBank tailors products and services to meet each client's needs in personal and commercial banking services and wealth management services. The Company, which had assets of $3.9 billion as of September 30, 2006, has 14 offices located in the Chicago, Detroit, Milwaukee, and St. Louis metropolitan areas. The Company recently announced it would enter the Atlanta, GA and Kansas City, MO markets.

Additional information can be found in the Investor Relations section of PrivateBancorp, Inc.'s website http://www.pvtb.com

GlobeNewswire

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