First Midwest Bancorp, Inc. Declares First Quarter Cash Dividend of $0.07 per Share

ITASCA, IL--(Marketwired - Feb 19, 2014) - 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 declared a quarterly cash dividend on the Company's common stock of $0.07 per share. The dividend will be payable on payable Tuesday, April 15, 2014 to common stockholders of record on Thursday, March 27, 2014, and will represent the 125^th consecutive quarterly dividend paid by the Company since its inception in 1983.

First Midwest, with assets of $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, through its subsidiary bank, 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.