Item 8.01 Other Events.

First Interstate BancSystem, Inc. (the "Registrant") announced today that it will redeem all $50 million of its outstanding 6.75% Series A noncumulative redeemable preferred stock ("Preferred Stock") for cash, with a planned redemption date of January 18, 2013. The redemption price will be $10,000 per share, plus any accrued and unpaid dividends thereon. As of December 18, 2012, the Registrant had 5,000 shares of Preferred Stock outstanding.

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