First Business

January 24, 2007

Photo Release -- First Business Bank - Milwaukee Names John M. Silseth Chairman

MILWAUKEE, Jan. 24, 2007 (PRIME NEWSWIRE) -- First Business Bank - Milwaukee announced today that John M. Silseth has been named Chairman of its Board of Directors. John is President of Antietam, LLC in Milwaukee. He has served on the bank board since February, 2004, and was elected to the board of the bank’s parent company, First Business Financial Services, Inc., in October, 2006.

A photo accompanying this release is available here.

Silseth, President of Antietam, serves on the boards of First Business Bank - Milwaukee, First Business Financial Services, and United Lutheran Program for the Aging. John has also served on the boards of: Lutheran Social Services of Wisconsin & Upper Michigan; Serenity Inns; Ampco Pumps Company, Inc.; Wilderness Log Homes, Inc.; Raffel Comfort Services, LLC; Kasgro Rail Corp.; Kasgro Leasing LLC; Prince Corporation; and Zenith Products. He has also acted as Chairman of Lutheran Social Services CEO Search and Screen Committee for Lutheran Social Services of Wisconsin & Upper Michigan.

About First Business Bank - Milwaukee First Business Bank - Milwaukee was established in 2000 to provide a full range of commercial banking services to Greater Milwaukee area businesses and business people. We are chartered as a unit bank with a CEO, not a branch president, and a board of directors rather than an advisory board. This structure allows us to understand Greater Milwaukee area businesses and respond quickly and proactively to meet their needs. First Business Bank - Milwaukee is a part of First Business Financial Services, Inc. (Nasdaq:FBIZ).

The First Business Bank - Milwaukee logo is available here.

About First Business Financial Services, Inc.

First Business Financial Services (Nasdaq:FBIZ) is a $1.3 billion Wisconsin-based bank holding company that specializes in focused financial solutions for businesses, key executives, and high net worth individuals through its operating companies. Its companies include: First Business Bank - Madison; First Business Bank - Milwaukee; First Business Bank - Northeast; First Business Trust & Investments; First Business Equipment Finance, LLC; and First Business Capital Corp. For additional information, visit www.firstbusiness.com or call (608) 238-8008.

The First Business Financial Services, Inc. logo is available at http://www.firstbusiness.com/logo

Forward-Looking Statements
This press release contains forward-looking statements that reflect the Corporation's plans, estimates and beliefs. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "objective" and similar expressions and verbs in the future tense are intended to identify forward-looking statements. The statements contained in this press release involve or may involve certain assumptions, risks, and uncertainties, many of which are beyond the Corporation's control, which could cause actual results to differ materially from those discussed in the forward-looking statements. The forward-looking statements included in this press release are only made as of the date hereof, and the Corporation undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. In addition to the assumptions and other factors referenced specifically in connection with such statements, the factors described in "Item 1A. Risk Factors" in our Annual Report on Form 10-K and the following factors could impact the business and financial prospects of the Corporation: general economic conditions; legislative and regulatory initiatives; increased competition and other effects of deregulation and consolidation of the financial services industry; monetary and fiscal policies of the federal government; deposit flows; disintermediation; the cost and availability of funds; general market rates of interest; interest rates or investment returns on competing investments; demand for loan products; demand for financial services; changes in accounting policies or guidelines; general economic developments; acts of terrorism and developments in the war on terrorism; and changes in the quality or composition of loan and investment portfolios.

Contact:
Jodie Johnson
Assistant Vice President - Marketing
First Business Financial Services, Inc.
(608)232-5910
Email