MB Financial, Inc. Approves First Quarter Dividend

MB Financial, Inc., (Nasdaq: MBFI) will pay a cash dividend, distributing $0.12 per share to shareholders of record as of February 13, to be paid on February 27. The MB Financial Board of Directors approved the payment at its recent meeting. This payment represents a reduction of $0.06 per share from the dividend paid in the fourth quarter of 2008.

"Our decision to reduce the dividend was based on a detailed review and analysis of our future capital needs, considering projected growth and internal capital generation,” said Mitchell Feiger, President and Chief Executive Officer. "This analysis, along with our view on the current economic environment resulted in our decision, to lower the dividend to a level that we believe is appropriate and sustainable. We believe this action is in the best long-term interest of the Company, our stockholders and our customers.”

MBFI is the $8.8 billion holding company for MB Financial Bank, N.A. MB Financial Bank is a locally operated financial institution that has been delivering competitive personalized service for nearly 100 years to businesses and individuals who live and work in the Chicago metropolitan area.

This news release may contain forward-looking statements that involve risk and uncertainties, with respect to the results of operations and other uncertainties that may not be known or anticipated by the Company. While management of the Company uses its best efforts to be accurate in making forward-looking statements, any such statements are subject to risks and uncertainties that could cause the Company’s actual results to vary materially from the future results indicated in such forward-looking statements.