Main Street Trust Reports 35.1% Increase in Net Income Per Share and 44.9% Increase in Total Earnings for Third Quarter 2005

Name	Symbol	Market	Type
Madison Short Term Strategic Income ETF	AMEX:MSTI	AMEX	Exchange Traded Fund

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CHAMPAIGN, Ill., Oct. 24 /PRNewswire-FirstCall/ -- Main Street Trust, Inc. (OTC:MSTI) (BULLETIN BOARD: MSTI) reported record earnings of $0.50 in unaudited consolidated net income per diluted share for the quarter ended September 30, 2005, compared to $0.37 per diluted share for the same period in 2004, an increase of 35.1%. Consolidated net income for the quarter totaled $5.151 million compared to $3.555 million for the same period in 2004, an increase of 44.9%. YTD net income per diluted share of $1.37 compared to $1.17 in 2004, an increase of 17.1%. YTD net income was $13.811 million compared to $11.216 million in 2004, an increase of 23.1%. Van A. Dukeman, President and CEO stated that, "We are gratified by the financial results we are able to report this quarter, which is due in no small part to the performance of our employees, including the executive team, who are focused on Main Street's vision to become THE respected and innovative leader in the financial services industry in the markets we serve." Dukeman further stated that, "Main Street's banking subsidiary, Main Street Bank & Trust, recently introduced Wealth Management services into the McLean County Area Market in conjunction with our acquisition of Citizens First Financial Corp. (approximately $329 million in total assets) earlier this year. In addition, our McLean County banking subsidiary, Citizens Savings Bank, has been merged with and into Main Street Bank & Trust early in the fourth quarter. The Bank's Integration of the former First Realty of Illinois, Inc. allows continued farm brokerage services through the Wealth Management Division of Main Street Bank & Trust, which includes management of more than 75,000 acres of prime Downstate Illinois farmland. Main Street First Realty is well positioned to take advantage of historically high valuations of farmland assets." Cash Dividend Paid The Company distributed a $0.22 per share cash dividend on October 21, 2005, payable to shareholders of record on October 7, 2005. This is the third quarterly cash dividend paid in 2005; making total dividends paid to-date $0.88 per share for 2005, compared to $0.84 per share for the same period in 2004. Franchise Main Street Trust, Inc. is a diversified financial services company with $1.53 billion in assets as of September 30, 2005, providing financial services at 23 locations in Downstate Illinois. Main Street Bank & Trust offers online banking ( http://www.mainstreettrust.com/ ) and surcharge free ATM access at over 80 locations throughout Illinois. In addition, Main Street Wealth Management has $1.87 billion of financial assets under management for individuals and institutions. Main Street Trust, Inc. also owns a retail payment processing subsidiary - FirsTech, Inc., which processes nearly 25 million items per year. Special Note Concerning Forward-Looking Statements This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward- looking statements, which may be based upon beliefs, expectations and assumptions of Main Street's management and on information currently available to management, are generally identifiable by the use of words such as "believe," "expect," "anticipate," "plan," "intend," "estimate," "may," "will," "would," "could," "should" or other similar expressions. Additionally, all statements in this document, including forward-looking statements, speak only as of the date they are made, and Main Street does not undertake any obligation to update any statement in light of new information or future events. A number of factors, many of which are beyond the ability of Main Street to control or predict, could cause actual results to differ materially from those in its forward-looking statements. These factors include, among others, the following: (i) the strength of the local and national economy; (ii) the economic impact of any future terrorist threats or attacks; (iii) changes in state and federal laws, regulations and governmental policies concerning its general business; (iv) changes in interest rates and prepayment rates of its assets; (v) increased competition in the financial services sector and the inability to attract new customers; (vi) changes in technology and the ability to develop and maintain secure and reliable electronic systems; (vii) the loss of key executives or employees; (viii) changes in consumer spending; (ix) unexpected results of acquisitions; (x) unexpected outcomes of existing or new litigation involving Main Street; and (xi) changes in accounting policies and practices. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. Additional information concerning Main Street, its businesses and factors that could materially affect its financial results, is included in its filings with the Securities and Exchange Commission. SELECTED FINANCIAL HIGHLIGHTS (dollars in thousands, except share data) Three Months Ended Nine Months Ended Sept. 30, Sept. 30, June 30, Sept. 30, Sept. 30, 2005 2004 2005 2005 2004 EARNINGS & PER SHARE DATA Basic earnings per share $0.50 $0.38 $0.46 $1.38 $1.18 Weighted average shares of common stock outstand- ing 10,248,453 9,460,495 10,341,054 10,014,234 9,491,827 Diluted earnings per share $0.50 $0.37 $0.45 $1.37 $1.17 Weighted average shares of common stock and dilutive potential common shares outstand- ing 10,341,647 9,573,370 10,438,479 10,111,588 9,607,752 Market price per share at period end(1) $29.35 $31.00 $28.75 $29.35 $31.00 Price to book ratio(1) 208.16% 259.41% 206.39% 208.16% 259.41% Price to earnings ratio(1,2) 16.68 19.75 17.53 16.68 19.75 Cash dividends paid per share $0.22 $0.21 $0.22 $0.66 $0.63 Cash dividends declared per share $0.22 $0.21 $0.22 $0.66 $0.63 Book value per share $14.10 $11.95 $13.93 $14.10 $11.95 Tangible book value per share(3) $11.60 $11.95 $11.42 $11.60 $11.95 Ending number of common shares outstand- ing 10,228,542 9,448,323 10,276,275 10,228,542 9,448,323 AVERAGE BALANCES Assets $1,537,563 $1,228,605 $1,549,521 $1,435,085 $1,199,049 Investment securities 360,031 381,580 369,047 358,431 376,232 Gross loans(4) 1,020,809 732,227 1,013,451 935,253 712,163 Earning assets 1,407,522 1,139,861 1,425,580 1,323,396 1,112,087 Deposits 1,187,693 983,263 1,200,104 1,115,405 947,421 Interest bearing liabili- ties 1,162,494 940,782 1,181,084 1,084,282 910,634 Common shareholders' equity 143,826 112,386 143,733 134,066 112,752 END OF PERIOD FINANCIAL DATA Tax equivalized net interest income $13,770 $9,521 $13,400 $37,287 $28,798 Gross loans(4) 1,016,486 737,183 1,026,591 1,016,486 737,183 Allowance for loan losses 13,688 9,963 13,628 13,688 9,963 Total assets under manage- ment 1,870,721 1,647,398 1,801,705 1,870,721 1,647,398 PERFORMANCE RATIOS Return on average assets(5) 1.33% 1.15% 1.22% 1.29% 1.25% Return on average equity(5) 14.21% 12.58% 13.19% 13.77% 13.29% Net yield on average earning assets(5,6) 3.88% 3.32% 3.77% 3.77% 3.46% Interest spread(5,6) 3.43% 3.00% 3.36% 3.34% 3.13% Net overhead efficiency ratio(6,7) 52.73% 58.85% 56.70% 55.20% 56.80% Non-interest revenues as a % of total reven- ues(7,8) 29.89% 34.21% 28.33% 30.15% 35.07% Allowance for loan losses to loans 1.35% 1.35% 1.33% 1.35% 1.35% Allowance as a percentage of non-performing loans 298.28% 369.55% 360.15% 298.28% 369.55% Average loan to deposit ratio 85.95% 74.47% 84.45% 83.85% 75.17% Dividend payout ratio(2) 50.00% 52.83% 53.05% 50.00% 52.83% ASSET QUALITY Net charge-offs $390 $451 $61 $476 $813 Non-performing loans 4,589 2,696 3,784 4,589 2,696 Other non-performing assets 90 185 168 90 185 (1)Closing price at end of period (5)Annualized (2)Last 12-months earnings (6)On a fully tax-equivalized basis (3)Net of goodwill and core-deposit (7)Does not include intangibles securities gains/losses (4)Loans include mortgage loans held (8)Net of interest expense for sale and nonaccrual loans Condensed Consolidated Balance Sheets (Unaudited, in thousands) September 30, June 30, December 31, September 30, 2005 2005 2004 2004 ASSETS Cash and cash equivalents $112,845 $55,873 $64,928 $101,075 Investments in debt and equity securities 334,576 364,246 358,726 368,179 Mortgage loans held for sale 1,973 2,768 1,005 910 Loans, net of allowance for loan losses 1,000,825 1,010,195 761,227 726,310 Premises and equipment 22,364 22,579 17,087 17,065 Goodwill 20,832 20,819 - - Core deposit intangibles 4,786 5,004 - - Accrued interest receivable 9,157 8,770 6,570 7,119 Other assets 26,061 25,548 18,575 18,940 Total assets $1,533,419 $1,515,802 $1,228,118 $1,239,598 LIABILITIES AND SHAREHOLDERS' EQUITY Liabilities: Deposits $1,181,826 $1,144,164 $974,577 $990,035 Federal funds purchased, repurchase agreements and notes payable 117,130 121,854 96,900 94,694 Federal Home Loan Bank advances and other borrowings 71,482 89,077 29,882 29,902 Accrued interest payable 3,727 3,471 2,601 2,304 Other liabilities 15,025 14,073 10,183 9,735 Total liabilities $1,389,190 $1,372,639 $1,114,143 $1,126,670 Total shareholders' equity 144,229 143,163 113,975 112,928 Total liabilities and shareholders' equity $1,533,419 $1,515,802 $1,228,118 $1,239,598 Consolidated Statements of Income (Unaudited, in thousands) Quarter Ended: Nine Months Ended: September September September September 30, 30, 30, 30, 2005 2004 2005 2004 Interest Income: Loans and fees on loans $16,643 $10,507 $43,961 $30,571 Investments in debt and equity securities Taxable 3,664 2,560 9,269 7,973 Tax-exempt 370 445 1,156 1,424 Federal funds sold and interest bearing deposits 439 151 1,252 339 Total interest income 21,116 13,663 55,638 40,307 Interest expense: Deposits 5,868 3,643 14,871 10,189 Federal funds purchased, repurchase agreements and notes payable 870 336 2,128 893 Federal Home Loan Bank advances and other borrowings 812 405 1,985 1,202 Total interest expense 7,550 4,384 18,984 12,284 Net interest income 13,566 9,279 36,654 28,023 Provision for loan losses 450 330 1,080 990 Net interest income after provision for loan losses 13,116 8,949 35,574 27,033 Non-interest income: Remittance processing 1,741 1,820 5,144 5,635 Trust and brokerage fees 2,153 1,544 5,805 4,831 Service charges on deposit accounts 820 619 2,129 1,820 Securities transactions, net (485) 133 (450) 139 Gain on sales of mortgage loans, net 329 229 726 777 Other 740 613 2,017 2,075 Total non-interest income 5,298 4,958 15,371 15,277 Non-interest expense: Salaries and employee benefits 6,097 4,727 17,325 13,978 Occupancy 824 685 2,293 1,968 Equipment 674 606 1,955 1,886 Data processing 566 546 1,669 1,633 Office supplies 319 270 906 887 Amortization expense- core deposit intangibles 217 - 435 - Service charges from correspondent banks 134 194 389 652 Other 1,480 1,414 4,342 3,953 Total non-interest expense 10,311 8,442 29,314 24,957 Income before income taxes 8,103 5,465 21,631 17,353 Income taxes 2,952 1,910 7,820 6,137 Net income $5,151 $3,555 $13,811 $11,216 DATASOURCE: Main Street Trust, Inc. CONTACT: Van A. Dukeman, President-CEO of Main Street Trust, Inc., Phone: +1-217-351-6568, or Fax: +1-217-351-6651 Web site: http://www.mainstreettrust.com/

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MSTI Madison Short Term Strategic Income ETF