Princeton National Bancorp, Inc. Declares 95th Consecutive Dividend

  Princeton National Bancorp, Inc. (NASDAQ: PNBC)

The Board of Directors declared a $.28 per share dividend, payable November 25, 2008, to those shareholders of record as of November 7, 2008. This represents a 4% increase over the November 2007 dividend and is comparable to the August 2008 dividend. This is the Company's 95th consecutive dividend.

President Tony J. Sorcic stated, "The Company is pleased to share its continued success with our shareholders. The 2008 annual dividend of $1.12 represents a 4% increase over the $1.08 paid in 2007. This is also the ninth consecutive year PNBC has increased the annualized dividend to shareholders."

Princeton National Bancorp, Inc. is the parent holding company of Citizens First National Bank, a $1.124 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. [phone] E-Mail address: [e-mail]