Princeton National Bancorp, Inc. Increases Dividend 285.7% Over 10-Year Period

PRINCETON, IL

The Board of Directors has declared a dividend of $.28 per share, payable February 26, 2008, to those shareholders of record as of February 8, 2008. The dividend has been increased seven out of the last twelve quarters and the 2007 annual dividend of $1.08 represents a 285.7% increase over the past 10 years. This is the 92nd consecutive dividend.

President Tony J. Sorcic stated, "The fourth quarter results were excellent and the Company is back on track. Diluted earnings per share for the quarter were $.62 and for 2007 were $2.03."

Princeton National Bancorp, Inc. is the parent holding company of Citizens First National Bank, a $1.081 billion community bank with strategic locations in 8 counties in northern Illinois. The Company is well-positioned in the high-growth counties of Will, Kendall, Kane, Grundy, DeKalb and LaSalle plus Bureau and Marshall. Communities include: Aurora, DePue, Genoa, Hampshire, Henry, Huntley, Millbrook, Minooka, Newark, Oglesby, Peru, Plainfield, Plano, Princeton, Sandwich, Somonauk and Spring Valley. The Subsidiary Bank, Citizens First National Bank, provides financial services to meet the needs of individuals, businesses and public entities.

Inquiries should be directed to: Lou Ann Birkey Vice President - Investor Relations Princeton National Bancorp, Inc. (815) 875-4444 E-Mail address: Email Contact

Princeton National Bancorp (CE) (USOTC:PNBC)
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