Exhibit 21

OLD NATIONAL BANCORP
SUBSIDIARIES OF THE REGISTRANT
AS OF DECEMBER 31, 2003

Name of Subsidiary	Jurisdiction of Incorporation	Business Name of Subsidiary
Old National Bank	United States of America	Old National Bank
Old National Realty Company, Inc.	Indiana	Old National Realty Company, Inc.
ONB Insurance Group, Inc.	Indiana	ONB Insurance
ONB Finance Inc.	Indiana	ONB Finance
American National Trust	United States of America	Old National Trust Company
& Investment Management Corp
Merger Corp I	Indiana	Merger Corp I
Fund Evaluation Group, LLC	Delaware	Fund Evaluation Group
Institutional Brokerage Services Company, LLC	Delaware	Institutional Brokerage Services Company
Terrill Group, Inc.	Delaware	Terrill Group, Inc.
James L. Will Insurance Agency, Inc.	Indiana	James L. Will Insurance Agency, Inc.