First Midwest Bancorp, Inc. to Acquire Standard Bancshares, Inc. - Seite 2

Upon closing of the transaction, Larry Kelley will serve as the Market President for First Midwest in its south metro Chicago and northwest Indiana markets, and will serve on the Board of Directors of First Midwest Bank.

It is anticipated that the transaction will close in late 2016 or early 2017. The transaction remains subject to customary regulatory approvals and closing conditions, as well as the approvals of First Midwest and Standard shareholders.

Advisors
Sandler O'Neill + Partners, L.P. acted as financial advisor and Sullivan & Cromwell LLP served as legal counsel to First Midwest.

J.P. Morgan Securities LLC acted as financial advisor and Kirkland & Ellis LLP served as legal counsel to Standard.

Other Information
First Midwest will post the presentation slides that accompany the conference call described below to the Investor Relations section of First Midwest's website.

Conference Call
First Midwest will conduct a conference call to discuss the transaction and related matters tomorrow, June 29, 2016, at 9:00 AM (ET). Members of the public who would like to listen to the conference call should dial [phone] (U.S. domestic) or [phone] (International) and ask for the First Midwest Bancorp, Inc. call. The number should be dialed 10 to 15 minutes prior to the start of the conference call. There is no charge to access the call. The conference call, together with accompanying presentation slides, will also be accessible as an audio webcast through the Investor Relations section of First Midwest's website, www.firstmidwest.com/investorrelations. For those unable to listen to the live broadcast, a replay, together with the presentation slides, will be available on First Midwest's website or by dialing [phone] (U.S. domestic) or [phone] (International) conference I.D. 10088781 beginning one hour after completion of the live call until 9:00 A.M. (ET) on July 7, 2016. Please direct any questions regarding obtaining access to the conference call to First Midwest Bancorp, Inc. Investor Relations, via e-mail, at [e-mail].