EXHIBIT 99.1
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FOR IMMEDIATE RELEASE
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For:   MAF Bancorp, Inc.                     Contact:  Jerry A. Weberling,
       55th Street & Holmes Avenue                     Chief Financial Officer
       Clarendon Hills, IL 60514                       Michael J. Janssen,
                                                       Senior Vice President
       www.mafbancorp.com                              (630) 325-7300

                       MAF BANCORP, INC. TO PARTICIPATE IN
          RAYMOND JAMES & ASSOCIATES INSTITUTIONAL INVESTORS CONFERENCE

Clarendon Hills, Illinois, February 28, 2003 - MAF Bancorp, Inc. (MAFB),
announced that it will be participating in the Raymond James and Associates 24th
Annual Institutional Investors Conference to be held in Orlando, FL on March
3-5, 2003. The conference will be broadcast on the Internet at
http://customer.nvglb.com/RaymondJames/Institutional/ and will also be available
through MAF's website at www.mafbancorp.com. Through the websites, interested
investors will have the opportunity to hear the presentation by Allen Koranda,
Chairman of the Board and CEO of MAF Bancorp and Jerry Weberling, Executive Vice
President and Chief Financial Officer of MAF Bancorp, which is scheduled to be
delivered on Wednesday, March 5, 2003 at 9:00 a.m. Central Time. The
presentation will also be available on the websites for approximately thirty
days following the conference.

MAF Bancorp is the parent company of Mid America Bank, a federally chartered
stock savings bank. The Bank operates a network of 34 retail banking offices
primarily in Chicago and its western suburbs. The Company's common stock trades
on the Nasdaq Stock Market under the symbol MAFB.

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