MBHI Midwest Banc Hlds (MM)

On May 14, 2010, Midwest Bank and Trust Company (the “Bank”), the wholly-owned bank subsidiary of Midwest Banc Holdings, Inc. (the “Company”), was closed by the Illinois Division of Banking and placed into receivership by the Federal Deposit Insurance Corporation. The Company’s ownership interest in the Bank represented substantially all of the Company’s assets. As a result of the Bank’s receivership, the Company no longer has an investment in the Bank.

In light of the events described above, the Company has decided to postpone its Annual Meeting, which was originally scheduled for May 26, 2010. The Company will notify stockholders when a new meeting date is set.

Midwest Banc Hlds (MM) (NASDAQ:MBHI)
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Midwest Banc Hlds (MM) (NASDAQ:MBHI)
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