At the shareholders' meeting, each of the four Directors nominated to serve a three-year term, Dave Goodrich, Brenda Lauderback, John McGinty, and Marita Zuraitis, was elected by shareholders, with each Director receiving 96 percent or more of votes cast. Shareholders voted in favor of each of the three other proposals - adding shares to the Employees' Stock Purchase Plan, approving the Short Term Incentive Plan to qualify it for performance-based compensation, and confirming the Corporation's independent public accountants for 2009 - with 97 percent or more of votes cast.

The New York Stock Exchange ("NYSE") has provided notice to the Corporation that, due to the decline in its level of market capitalization and shareholders' equity, the Corporation currently does not satisfy one of the NYSE's standards for continued listing and that to maintain its listing, the Corporation has 45 days to submit a business plan that demonstrates that the Corporation will be in compliance with the continued listing standard within 18 months. The business plan will be reviewed for final disposition by the Listings and Compliance Committee of the NYSE. If the plan is accepted, the Corporation will be subject to quarterly monitoring for compliance with the plan and the stock will continue to trade on the NYSE. If the plan is not accepted, the Corporation will be subject to suspension by the NYSE and delisting. The Corporation believes compliance would be achievable through Government support for its existing re-capitalization plan.

About Irwin Financial

Irwin(R) Financial Corporation (http://www.irwinfinancial.com/) is a bank holding company with a history tracing to 1871. The Corporation provides a broad range of banking services to small businesses and consumers in our branches in the Midwest and Southwest and to restaurant franchisees nationwide.

About Forward-looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. We are including this statement for purposes of invoking these safe harbor provisions.

Forward-looking statements are based on management's expectations, estimates, projections, and assumptions.