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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000702325-03-000120.txt : 20030707
<SEC-HEADER>0000702325-03-000120.hdr.sgml : 20030704
<ACCEPTANCE-DATETIME>20030707164502
ACCESSION NUMBER:		0000702325-03-000120
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030707
FILED AS OF DATE:		20030707

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			OMEARA ROBERT P
		CENTRAL INDEX KEY:			0001199244

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-10967
		FILM NUMBER:		03777279

	MAIL ADDRESS:	
		STREET 1:		300 PARK BLVD
		STREET 2:		SUITE 405
		CITY:			ITASCA
		STATE:			IL
		ZIP:			60143

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST MIDWEST BANCORP INC
		CENTRAL INDEX KEY:			0000702325
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				363161078
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		300 PARK BLVD SUITE 405
		STREET 2:		P O BOX 459
		CITY:			ITASCA
		STATE:			IL
		ZIP:			60143-0459
		BUSINESS PHONE:		7088757450

	MAIL ADDRESS:	
		STREET 1:		300 PARK BLVD SUITE 405
		STREET 2:		P O BOOX 459
		CITY:			ITASCA
		STATE:			IL
		ZIP:			60143-0459
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ome73.xml
<TEXT>
<XML>
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	<periodOfReport>2003-07-07</periodOfReport>
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			<directOrIndirectOwnership>
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			<directOrIndirectOwnership>
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				<value>By Spouse</value>
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		</ownershipNature>
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				<value/>
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		<securityTitle>
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				<value>9693</value>
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			<transactionValue>
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			<transactionAcquiredDisposedCode>
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		<exerciseDate>
			<value>2002-06-20</value>
		</exerciseDate>
		<expirationDate>
			<value>2009-08-18</value>
		</expirationDate>
		<underlyingSecurity>
			<underlyingSecurityTitle>
				<value>Common Stock</value>
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			</underlyingSecurityShares>
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		<postTransactionAmounts>
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				<value>0</value>
			</sharesOwnedFollowingTransaction>
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		<ownershipNature>
			<directOrIndirectOwnership>
				<value>D</value>
			</directOrIndirectOwnership>
			<natureOfOwnership>
				<value/>
			</natureOfOwnership>
		</ownershipNature>
	</derivativeSecurity>
	<derivativeSecurity>
		<securityTitle>
			<value>Non-Qualified Stock Option (right to buy)</value>
		</securityTitle>
		<conversionOrExercisePrice>
			<value>27.0000</value>
		</conversionOrExercisePrice>
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		</transactionDate>
		<transactionCoding>
			<transactionFormType>4</transactionFormType>
			<transactionCode>M</transactionCode>
			<equitySwapInvolved>0</equitySwapInvolved>
			<footnoteId id="F2"/>
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		<transactionAmounts>
			<transactionShares>
				<value>10207</value>
			</transactionShares>
			<transactionValue>
				<value>0</value>
			</transactionValue>
			<transactionAcquiredDisposedCode>
				<value>D</value>
			</transactionAcquiredDisposedCode>
		</transactionAmounts>
		<exerciseDate>
			<value>2003-06-18</value>
		</exerciseDate>
		<expirationDate>
			<value>2009-08-18</value>
		</expirationDate>
		<underlyingSecurity>
			<underlyingSecurityTitle>
				<value>Common Stock</value>
			</underlyingSecurityTitle>
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				<value>10207</value>
			</underlyingSecurityShares>
		</underlyingSecurity>
		<postTransactionAmounts>
			<sharesOwnedFollowingTransaction>
				<value>0</value>
			</sharesOwnedFollowingTransaction>
		</postTransactionAmounts>
		<ownershipNature>
			<directOrIndirectOwnership>
				<value>D</value>
			</directOrIndirectOwnership>
			<natureOfOwnership>
				<value/>
			</natureOfOwnership>
		</ownershipNature>
	</derivativeSecurity>
	<footnotes>
		<footnote id="F1">The transaction represents a Marital Gift by the reporting person of 26,539 shares to his spouse.</footnote>
		<footnote id="F2">The transaction represents the exercise of 10,207 stock options under the Omnibus Stock &amp; Incentive Plan whereby 9,432 previously acquired shares were tendered as payment of the exercise price with the resulting value realized being deferred into the Nonqualified Gain Deferral Plan in the form of 775 shares.</footnote>
		<footnote id="F3">The transaction represents the exercise of 9,693 stock options under the Omnibus Stock &amp; Incentive Plan whereby 9,433 previously acquired shares were tendered as payment of the exercise price with the resulting value realized being deferred into the Nonqualified Gain Deferral Plan in the form of 260 shares.</footnote>
		<footnote id="F4">The transaction represents the exercise of 8,315 stock options under the Omnibus Stock &amp; Incentive Plan whereby 8,092 previously acquired shares were tendered as payment of the exercise price with the resulting value realized being deferred into the Nonqualified Gain Deferral Plan in the form of 223 shares.</footnote>
		<footnote id="F5">The transaction represents the exercise of 8,648 stock options under the Omnibus Stock &amp; Incentive Plan whereby 8,416 previously acquired shares were tendered as payment of the exercise price with the resulting value realized being deferred into the Nonqualified Gain Deferral Plan in the form of 232 shares.</footnote>
		<footnote id="F6">The transaction represents receipt of a Marital Gift of 26,539 shares by the spouse of the reporting person, now totalling 194,133 shares.</footnote>
	</footnotes>
	<ownerSignature>
		<signatureName>By: Andrea L. Stangl, Attorney-in-fact</signatureName>
		<signatureDate>2003-07-07</signatureDate>
	</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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