First Business

May 14, 2008

Sandra L. Lampman Appointed to First Business Bank Board of Directors

MADISON, May 14, 2008 - First Business Bank, part of First Business Financial Services, Inc. (NASDAQ: FBIZ), announced today that Sandra L. Lampman has been appointed to the First Business Bank Board of Directors.

Sandra is a life-long resident of Madison and has served the not-for-profit business community through a variety of roles during the past 20 years. She was recently named head of HospiceCare Foundation where she leads the Foundation along with several other key responsibilities for HospiceCare. Susan Phillips, President & CEO of HospiceCare, publicly referred to Sandra as "a strong and visionary leader who knows our community". Prior to joining HospiceCare, Sandra was CEO of American Red Cross - Badger Chapter and before that she led Ronald McDonald House Charities of Madison. She currently serves as a director of Mortenson, Matzelle & Meldrum.

"Sandra brings knowledge of the not-for-profit sector, a perspective toward business development, as well as familiarity with the Dane County business community to our board. We are delighted to have Sandra join the First Business family," stated Mark Meloy, President & CEO of First Business Bank - Madison.

About First Business Bank - Madison First Business Bank - Madison was established by area business owners and investors in 1990 to specialize in quality business banking for the local business community. First Business Bank offers a full line of financial services for businesses and business owners, including: commercial loans, cash management products and remote deposit, Internet banking, retirement plans/investment management services/trustee services, asset based lending, and equipment finance and leasing.

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. It is the 2nd largest Wisconsin-based commercial bank holding company listed on NASDAQ or the NYSE. 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.globenewswire.com/newsroom/prs/?pkgid=2667

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