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FIRST ILLINOIS AFFILIATES WITH BANC ONE CORPORATION

 FIRST ILLINOIS AFFILIATES WITH BANC ONE CORPORATION
 COLUMBUS, Ohio, March 2 /PRNewswire/ -- Banc One Corporation


(NYSE: ONE) announced today that it has completed the affiliaton of First Illinois Corporation (NASDAQ: FTIL), headquarterd in Evanston, Ill. The announcement was made by John B. McCoy, chairman and chief executive officer of Banc One. First Illinois has become Illinois Banc One Corporation which includes four Bank One banks headquarterd in Evanston, Wilmette, LaGrange and Elgin, Ill.
 Terms of the agreement called for the exchange of .325 shares of Banc One common stock for each share of First Illinois. Total value of the transaction when announced on June 3, 1991 was approximately $347 million.
 The four Bank One banks in Illinois Banc One Corporation have 14 banking offices located in Evanston, Wilmette, Schaumburg, Winnetka, Arlington Heights, LaGrange, Hinsdale, Willowbrook, Aurora/Naperville, Orland Park, Elgin and South Elgin, with combined year-end 1991 assets of approximately $1.7 billion.
 Banc One Corporation had assets of $46.3 billion including Bank One, Texas, and total common equity of $3.5 billion as of Dec. 31, 1991. Banc One now operates 57 banks with 878 offices in Indiana, Illinois, Kentucky, Michigan, Ohio, Texas and Wisconsin. Banc One Corporation also operates several additional corporations that engage in data processing, venture capital, investment and merchant banking, trust, brokerage, equipment leasing, mortgage banking, consumer finance and insurance.
 -0- 3/2/92
 /CONTACT: John Russell of Banc One, 614-248-5989, or Edward Crann of First Illinois, 708-866-5520/
 (ONE FTIL) CO: Banc One Corporation ST: Ohio IN: FIN SU: TNM


CG -- CL032 -- 4123 03/02/92 16:02 EST
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Publication:PR Newswire
Date:Mar 2, 1992
Words:265
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