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 29, 2007 --- PrivateBancorp, Inc. announced that its board of directors declared a quarterly cash dividend of $0.075 per share payable on June 29, 2007 to stockholders of record on June 15, 2007. This dividend is unchanged from the prior quarterly dividend of $0.075 per share.