MELROSE PARK, IL -- (MARKET WIRE) -- 02/24/06 -- Senior management of Midwest Banc Holdings, Inc. (NASDAQ: MBHI) will discuss recent developments and outlook with investors at the Midwest Super-Community Bank Conference in Chicago at 10:35 a.m. (CST) on March 1, 2006.

Scheduled speakers for Midwest Banc Holdings include James J. Giancola, president and chief executive officer, and Daniel R. Kadolph, chief financial officer. The presentation will be webcast and accessible via the internet at the company's website, www.midwestbanc.com, or at www.super-communitybanking.com/midwest.htm. The presentation also will be archived and accessible on both sites for 30 days following the presentation.

Midwest Banc Holdings, Inc. (NASDAQ: MBHI), a community-based holding company, provides a wide range of retail and commercial lending services, personal and corporate trust services, residential mortgage origination, and securities and insurance brokerage activities throughout the greater Chicago metropolitan area. The company's principal operating subsidiaries are: Midwest Bank and Trust Company, Midwest Financial and Investment Services, Inc., and Midwest Bank Insurance Services, L.L.C.

For further information, please contact:
Daniel R. Kadolph
Chief Financial Officer
(708) 450-6759