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Non-Tech : Old National Bank, Evansville, Ind.(OLDB)

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To: Bruce McGaughey who wrote (8)1/6/1999 7:36:00 PM
From: Bruce McGaughey  Read Replies (1) of 47
 
EVANSVILLE, Ind.--(BUSINESS WIRE)--Dec. 10, 1998--The board of directors of Old National Bancorp (NASDAQ:OLDB) has declared a 5% stock dividend and reaffirmed an ongoing authorization to repurchase up to 5% of the company's outstanding common shares. The company currently has 27.5 million shares outstanding.

The one-for-twenty stock dividend is payable January 28, 1999, to shareholders of record on January 7, 1999(a). This is the thirteenth successive year-end 5% stock dividend declaration and the seventeenth stock dividend or split declared by Old National Bancorp since the holding company was formed.

(a) For purposes of broker trading, the ex-dividend date is

January 4, 1999.

CONTACT:

Old National Bancorp, Evansville

John Poelker, 812/464-1266

or

Ann Burnworth, 812/464-1468

oldnational.com

KEYWORD: INDIANA KENTUCKY ILLINOIS

BW1363 DEC 10,1998

13:03 PACIFIC

16:03 EASTERN

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