First Business Financial Services: Elects Mark D. Bugher to Board of Directors

PRESS RELEASE

For Immediate Release

MADISON, July 22, 2005 – First Business Financial Services, Inc., located at 401 Charmany Drive in Madison, announced today that Mark D. Bugher has been elected to its Board of Directors. He is Director of University Research Park, where he manages and directs all activities for the Park, a 255 acre research development owned and operated by the University of Wisconsin-Madison. As the Director, he is also responsible for the management of a separately organized real estate development corporation.

“We are very excited to have Mark joining our board,” stated Jerry Smith, CEO of First Business Financial Services. “In addition to Mark’s position with the University Research Park, he provides leadership for Madison Economic Development Commission, Greater Madison Chamber of Commerce, Wisconsin Technology Council and has been a strong voice promoting bio science growth in Wisconsin.”

Mark is a member of the Governors Blue Ribbon Commission on State-Local Partnership. He chairs the Wisconsin Technology Council, and Marshfield Clinic Advisory Board. He also serves on the Greater Madison Chamber of Commerce Board, Wisconsin Taxpayers Alliance Board, and the Madison Economic Development Commission. Mark was appointed Secretary of the Department of Administration in 1996 by Gov. Tommy Thompson. Prior to that, he was Secretary of the Department of Revenue.

About First Business Financial Services

First Business Financial Services is the parent of the First Business family of companies, managing shareholder relations and providing access to capital for our operating entities. Its companies include First Business Bank, First Business Bank – Milwaukee, First Business Trust & Investments, First Business Leasing, LLC, and First Business Capital Corp. For additional information, visit www.fbfinancial.com or call 608-238-8008.