MILWAUKEE, Oct. 20 /PRNewswire-FirstCall/ -- Marshall & Ilsley Corporation (M&I) today announced its Board of Directors has declared a regular quarterly cash dividend of $.24 per share on its common stock. The dividend is payable on December 9, 2005, to shareholders of record at the close of business on November 30, 2005. Marshall & Ilsley Corporation (NYSE:MI) is a diversified financial services corporation headquartered in Milwaukee, Wis., with $45 billion in assets. Founded in 1847, M&I Marshall & Ilsley Bank is the largest Wisconsin- based bank. M&I Bank has 194 offices throughout the state, in addition to 37 locations throughout Arizona; 13 offices in metropolitan Minneapolis/St. Paul, Minn.; and, locations in Duluth, Minn.; Las Vegas, Nev.; and, Naples and Bonita Springs, Fla. M&I's Southwest Bank affiliate has seven offices in the St. Louis area and one office in Belleville, Ill. Metavante Corporation, Marshall & Ilsley Corporation's wholly owned technology subsidiary, provides virtually all of the technology an organization needs to offer financial services. M&I also provides trust and investment management, equipment leasing, mortgage banking, asset-based lending, financial planning, investments, and insurance services from offices throughout the country and on the Internet ( http://www.mibank.com/ or http://www.micorp.com/ ). M&I's customer-based approach, internal growth, and strategic acquisitions have made M&I a nationally recognized leader in the financial services industry. DATASOURCE: Marshall & Ilsley Corporation CONTACT: John Presley, senior vice president, chief financial officer of Marshall & Ilsley Corporation, +1-414-765-7833 Web site: http://www.micorp.com/ http://www.mibank.com/

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