EXHIBIT 24.1


                                POWER OF ATTORNEY

            KNOW ALL PERSONS BY THESE PRESENTS, that we, the undersigned
officers and directors of Old National Bancorp (the "Company"), an Indiana
corporation with its principal office located in Evansville, Indiana, hereby
severally make, constitute and appoint John S. Poelker and Jeffrey L. Knight,
and each of them individually, as our true and lawful attorneys-in-fact and
agent, with full power of substitution and re-substitution, for and on his
behalf and in his name, place and stead, and in all capacities, (a) to execute
any and all registration statements and any and all amendments, revisions,
supplements, exhibits and other documents in connection therewith relating to
the proposed registration, offering and issuance of shares of common stock of
the Company with respect to the Company's acquisition of any business, assets or
stock, or interests therein, of unaffiliated corporations or other entities; (b)
to file any and all of the foregoing, in substantially the form which has been
presented to me or which any of the above-named attorneys-in-fact and agents may
approve, with the Securities and Exchange Commission pursuant to the Securities
Act of 1933, as amended (the "Act"), the rules and regulations promulgated
thereunder, and any state securities laws, rules or regulations; and (c) to do,
or cause to be done, any and all other acts and things whatsoever as fully and
to all intents and purposes as the undersigned might or could do in person which
any of the above-named attorneys-in-fact and agents may deem necessary or
advisable in the premises and in order to enable the Company to register its
securities under, or to obtain an exemption from such registration requirements,
and otherwise to comply with the Act, the rules and regulations promulgated
thereunder, and any state securities laws, rules or regulations; hereby
approving, ratifying and conforming all actions heretofore or hereafter lawfully
taken, or caused to be taken, by any of the above-named attorneys-in-fact and
agents by virtue hereof.

            IN WITNESS WHEREOF, pursuant to the Act, the undersigned have
hereunto set their hand in the capacities indicated below as of December 20,
2002.

Name                               Title
- ----                               -----

/s/ JAMES A. RISINGER             Chairman of the Board, Director, President and
- -----------------------------     Chief Executive Officer (Principal Executive
James A. Risinger                 Officer)


/s/ JOHN S. POELKER               Executive Vice President (Principal Financial
- -----------------------------     Officer and Principal Accounting Officer)
John S. Poelker


/s/ DAVID L. BARNING              Director
- -----------------------------
David L. Barning


/s/ RICHARD J. BOND               Director
- -----------------------------
Richard J. Bond


/s/ ALAN W. BRAUN                 Director
- -----------------------------
Alan W. Braun


/s/ LARRY E. DUNIGAN              Director
- -----------------------------
Larry E. Dunigan





/s/ DAVID E. ECKERLE              Director
- -----------------------------
David E. Eckerle


/s/ NIEL C. ELLERBROOK            Director
- -----------------------------
Niel C. Ellerbrook


/s/ DOUGLAS D. FRENCH             Director
- -----------------------------
Douglas D. French


/s/ ANDREW E. GOEBEL              Director
- -----------------------------
Andrew E. Goebel


/s/ PHELPS L. LAMBERT             Director
- -----------------------------
Phelps L. Lambert


/s/ RONALD B. LANKFORD            Director
- -----------------------------
Ronald B. Lankford


/s/ LUCIEN H. MEIS                Director
- -----------------------------
Lucien H. Meis


/s/ LOUIS L. MERVIS               Director
- -----------------------------
Louis L. Mervis


/s/ JOHN N. ROYSE                 Director
- -----------------------------
John N. Royse


/s/ MARJORIE Z. SOYUGENC          Director
- -----------------------------
Marjorie Z. Soyugenc


/s/ KELLY N. STANLEY              Director
- -----------------------------
Kelly N. Stanley


/s/ CHARLES D. STORMS             Director
- -----------------------------
Charles D. Storms

* By:  JEFFREY L. KNIGHT          Attorney-in-Fact
       ----------------------
           Jeffrey L. Knight