Midwest Banc Holdings, Inc. (Nasdaq: MBHI) announced that it will release third quarter 2009 earnings after the market closes on Tuesday, October 27, 2009, and conduct a conference call to discuss these results the following morning, October 28, 2009, at 11:00 A.M. eastern / 10:00 A.M. central.

The webcast and call will be hosted by members of management. A brief discussion of quarterly results and trends will be followed by questions from institutional investors and analysts invited to participate in the interactive portion of the discussion.

Interested parties wishing to participate in the interactive portion of the call can dial in to 800-860-2442 or +1 412-858-4600 for international calls. The live webcast can be accessed at www.midwestbank.com and will be available for replay on that website. The audio replay may be accessed through November 5, 2009 at 877-344-7529 or +1 412-317-0088. The replay passcode is 434307.

About Midwest

We are a half century old community bank with $3.6 billion in assets at June 30, 2009. We have two principal operating subsidiaries; Midwest Bank and Trust Company and Midwest Financial and Investment Services, Inc. Midwest Bank has 26 full-service banking centers serving the diverse needs of both urban and suburban Chicagoland businesses and consumers through its Commercial Banking, Wealth Management, Corporate Trust and Retail Banking areas.

SOURCE: Midwest Banc Holdings, Inc.

Midwest Banc Holdings, Inc. For further information: John B. Pelling, III Vice President -- Investor Relations (708) 498-2013 IR@midwestbank.com or Media Chris Robling, 312-658-0445 crobling@jaynethompson.com