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First Business Affiliated Mezzanine Fund Announces Equity

MADISON, WI, – Jan. 15, 2010 – First Business Bank, part of First Business Financial Services, Inc. (NASDAQ: FBIZ), announces the recent funding of another mezzanine equity investment through its affiliation with Aldine Capital
Partners, Inc.

The new investment includes subordinated debt and equity capital with Lanair Products LLC of Janesville, WI. In addition, First Business also provided the senior debt financing for this transaction. The fund enabled Lanair Products to acquire Lenan Corp, a niche manufacturer of waste oil heaters and related equipment in Janesville, WI.

This transaction allows for a transition of the business to a highly qualified operator while maintaining its presence in Janesville. The business will be operated as Lanair Products LLC, a wholly owned subsidiary of Lanair
Holdings LLC.

First Business Bank offers mezzanine funding to Madison-area clients through an investment with Aldine Capital Fund, L.P. to provide funding between $2 million and $8 million in investment size. Mezzanine financing, also referred to as “mezzanine capital” or “junior capital,” allows borrowers to obtain unsecured debt financing based on cash flow rather than traditional collateral.

It is a tool that can fill the financing gap that often occurs between owners’ equity and traditional bank financing, where the maximum bank loan might be capped by collateral requirements or other limitations. Mezzanine financing is most often used for financing growth, re-capitalization, acquisitions or ownership changes.

About Aldine Capital Partners Aldine Capital Partners is a Chicago-based private equity firm which provides subordinated debt and minority equity financing to lower middle market companies in Wisconsin and Illinois. Aldine typically invests $2-8 million per transaction to finance management and leveraged buyouts, recaps and growth. For additional information, visit www.aldinecapital.com or call 312-346-3950.

About First Business
First Business Financial Services is a Wisconsin-based bank holding company, focused on the unique needs of businesses, business executives and high net worth individuals. First Business offers commercial banking, specialty finance and private wealth management solutions, and because of its niche focus, is able to provide its clients with unmatched expertise, accessibility and responsiveness. For additional information, visit www.firstbusiness.com.

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