DETROIT, Dec. 11 /PRNewswire/ -- The PrivateBank - Michigan today announced that its Rochester office, currently located at 440 Main Street, is moving to 321 E. Second Street, effective Monday, December 15, 2008.

"We are looking forward to moving to our new location on Second Street. Our new office will give us better resources with which to serve our clients," said Patricia R. Botkin, Managing Director in Rochester's office.

The Rochester office plans to maintain its regular business hours in its current space through 5:00pm on Friday, December 12, 2008 and will open for business in its new location at 9:00am on Monday, December 15, 2008.

About PrivateBancorp, Inc.

PrivateBancorp, Inc. is a growing diversified financial services company with 22 offices in nine states and more than $9.0 billion in assets as of September 30, 2008. Through its subsidiaries, PrivateBancorp delivers customized business and personal financial services to middle-market commercial and commercial real estate companies, as well as business owners, executives, entrepreneurs and wealthy families.

Additional information can be found in the Investor Relations section of PrivateBancorp, Inc.'s website at www.pvtb.com.

SOURCE  PrivateBancorp, Inc.

    -0-                           12/11/2008
    /CONTACT:  Amy Yuhn, Director of Communications of PrivateBancorp, Inc.,
+1-312-564-1378, ayuhn@theprivatebank.com/
    /Web Site:  http://www.pvtb.com /
    (PVTB)

CO:  PrivateBancorp, Inc.; The PrivateBank - Michigan
ST:  Michigan
IN:  FIN
SU:  PDT

PR
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