Exhibit 99.1
For further information contact:
Dennis Klaeser, CFO
PrivateBancorp, Inc.
312-683-7100
FOR IMMEDIATE RELEASE
PrivateBancorp, Inc. (Nasdaq:PVTB)
Declares quarterly cash dividend
Chicago, May 30, 2006 … PrivateBancorp, Inc. announced that its board of directors declared a quarterly cash dividend of $0.06 per share payable on June 30, 2006 to stockholders of record on June 16, 2006. This dividend is unchanged from the prior quarterly dividend of $0.06 per share.