First Midwest Bancorp, Inc. Announces Schedule for Fourth Quarter 2007 Earnings Release and Teleconference

| Source: First Midwest Bancorp, Inc. First Midwest Bancorp, Inc.

ITASCA, IL--(Marketwire - January 2, 2008) - First Midwest Bancorp, Inc. (NASDAQ: FMBI) today announced the following schedule and contact information for its fourth quarter 2007 earnings release and teleconference: 

--  4th Quarter 2007 Earnings Release:  Wednesday, January 23, 2008, prior
    to the market opening, by Marketwire distribution and First Midwest's web
    site at www.firstmidwest.com.
    
--  Teleconference:  Wednesday, January 23, 2008, from 10:00 A.M. ET to
    11:00 A.M. ET.  Listen-only mode via telephone and Internet broadcast on
    the First Midwest web site at www.firstmidwest.com.
    
--  Dial-in Numbers:  (800) 659-1942; International (617) 614-2710;
    passcode 988 06 980.  Please call 10 to 15 minutes before the scheduled
    start of the teleconference.
    
--  Telephone Replay:  (888) 286-8010; International (617) 801-6888;
    passcode 380 84 383.  The replay will be available from 1:00 P.M. ET on
    January 23, 2008 until 11:59 P.M. ET on January 30, 2008.
    
--  Web Replay:  Access the web replay by selecting the Investor Relations
    section of the First Midwest web site at www.firstmidwest.com.  The replay
    will be available beginning at 1:00 P.M. ET on January 23, 2008 until 11:59
    P.M. ET on January 30, 2008.

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 recently recognized by the Alfred P. Sloan Awards for Business Excellence in Workforce Flexibility in the greater Chicago area.

Contact Information: CONTACT: Andrea L. Stangl Assistant Corporate Secretary (630) 875-7463 www.firstmidwest.com First Midwest Bancorp, Inc. One Pierce Place, Suite 1500 Itasca, Illinois 60143-9768 (630) 875-7450