Associated Banc-Corp Increases Dividend from $0.01 to $0.05

The Board of Directors of Associated Banc-Corp

has declared a regular quarterly cash dividend of $0.05 per common share, an increase from the previous quarterly cash dividend of $0.01 per common share. The dividend on the common shares will be payable on March 15, 2012, to shareholders of record on March 1, 2012. "We are pleased to announce an increase in Associated's dividend," said President and CEO Philip B. Flynn. "We see this dividend increase as delivering on our commitment to enhance shareholder value." The Board of Directors has also declared a regular quarterly cash dividend of $0.50 per depositary share on Associated Banc-Corp's 8.00% Series B Perpetual Preferred Stock, payable on March 15, 2012, to shareholders of record on March 1, 2012.