Old National Bancorp Completes Acquisition of Indiana Community Bancorp

Old National Bancorp announced that it has completed its merger with Indiana Community Bancorp of Columbus, Indiana, effective September 15, 2012. Also effective on September 15 was the merger of Indiana Bank and Trust Company, Indiana Community Bancorp's banking subsidiary, into Old National Bank, the banking subsidiary of Old National Bancorp. In addition, Old National completed the systems conversion of the Indiana Bank's branches this past weekend. At closing, each share of Indiana Community Bancorp common stock was converted into the right to receive 1.9455 shares of Old National common stock. Any fractional shares will be paid in cash. Former Indiana Community shareholders will receive a letter of transmittal from Old National explaining how to exchange their shares. Old National expects to mail the letters of transmittal to former Indiana Community shareholders by September 21, 2012.