EXHIBIT 99 FOR RELEASE: IMMEDIATELY DATE: JANUARY 27, 1998 CONTACT: TANYA BERG CORPORATE COMMUNICATIONS (616) 771-4364 KEVIN T. KABAT APPOINTED TO BOARD OF DIRECTORS AND VICE CHAIRMAN OF OLD KENT FINANCIAL CORPORATION Grand Rapids, Michigan - David J. Wagner, Chairman, President and Chief Executive Officer of Old Kent Financial Corporation announced that Kevin T. Kabat has been appointed to the Board of Directors and to the office of Vice Chairman of Old Kent Financial Corporation. Mr. Kabat joined Old Kent in May 1982, and was appointed Vice President responsible for employment in April 1986 and Manager of Old Kent Bank's Human Resources Department in December 1986. Mr. Kabat was appointed Senior Vice President and Director of Corporate Operations in January 1990 and Executive Vice President, Retail Administration & Corporate Technology in February 1995. He was appointed Senior Executive Vice President of Old Kent Financial Corporation and Chief Operating Officer of Old Kent Bank in February 1997, and in October 1997 he was appointed President of Old Kent Bank. Mr. Kabat received his B.A. degree from Johns Hopkins University and his Master of Science from Purdue University. He has been active in numerous community organizations including serving as Chairman of West Michigan Junior Achievement, Co-Chair of the United Way of West Michigan's Loaned Executive Program, and serving on the boards of Heartside Ministries and the Clark Retirement Home Foundation. -more- Old Kent Financial Corporation is a bank holding company headquartered in Grand Rapids, Michigan, that operates over 200 full service offices in Michigan and Illinois. At December 31, 1997, Old Kent had total assets of $13.8 billion. # # # FOR RELEASE: IMMEDIATELY DATE: JANUARY 27, 1998 CONTACT: TANYA BERG CORPORATE COMMUNICATIONS (616) 771-4364 ROBERT H. WARRINGTON APPOINTED TO BOARD OF DIRECTORS AND VICE CHAIRMAN OF OLD KENT FINANCIAL CORPORATION GRAND RAPIDS, MICHIGAN - David J. Wagner, Chairman, President and Chief Executive Officer of Old Kent Financial Corporation announced that Robert H. Warrington has been appointed to the Board of Directors and to the office of Vice Chairman of Old Kent Financial Corporation. Mr. Warrington joined Old Kent as Senior Vice President and Manager of the Mortgage Division in June 1988. In January 1993, he was named President of the newly-formed Old Kent Mortgage Company and in May 1995, he received the additional responsibility of Investment Management and Trust Services. He was appointed Senior Executive Vice President of Old Kent Financial Corporation in February 1997 and Chairman and CEO of the Mortgage Company in June 1997. Mr. Warrington received both his B.S. and his M.B.A. degree from Indiana University. Old Kent Financial Corporation is a bank holding company headquartered in Grand Rapids, Michigan, that operates over 200 full service offices in Michigan and Illinois and originates mortgages nationwide. At December 31, 1997, Old Kent had total assets of $13.8 billion. # # #