MELROSE PARK, IL--(MARKET WIRE)--Oct 31, 2008 -- Midwest Banc Holdings, Inc. (NasdaqGM:MBHI - News) announced that it will release third quarter 2008 earnings before the market opens on Monday, November 3, 2008. A conference call will be held the same day at 10:00 a.m. (Central Standard Time).

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 professional 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.midwestbanc.com and will be available for replay on that website. The audio replay may be accessed through November 11, 2008 at 877-344-7529 or +1 412-317-0088. The replay passcode is 425125.

About Midwest Banc Holdings, Inc.

Midwest Banc Holdings, Inc., with $3.7 billion in assets, provides a wide range of retail and commercial banking services, personal and corporate trust services, securities services and insurance brokerage services in the greater Chicago area. The principal operating subsidiaries of Midwest Banc Holdings, Inc. are Midwest Bank and Trust Company and Midwest Financial and Investment Services, Inc. Midwest has 29 banking offices and operates 31 ATMs. Midwest is a member of the Allpoint®/STARsf® surcharge-free network giving Midwest customers access to thousands of surcharge-free ATMs nationwide, with over 1,000 ATMs in the Chicagoland area.

     For further information:
     John B. Pelling, III
     Vice President - Investor Relations
     (708) 498-2013
     Email Contact