Exhibit 99
----------
News Release
Marshall & Ilsley Corporation
770 North Water Street, Milwaukee, Wisconsin 53202
For release: Immediately
For further information: M.A. Hatfield (414) 765-7809
Marshall & Ilsley Corporation Withdraws
Metavante Corporation's Initial Public
Offering
Milwaukee, Wisconsin - November 1, 2000 --
Marshall & Ilsley Corporation (NYSE: MI)
today announced that it would withdraw the
initial public offering for its Metavante
Corporation subsidiary. M&I cited a
combination of adverse market conditions and
the near term slow down in financial account
processing markets as reasons for withdrawing
the offering. M&I expect to continue to
invest in and grow Metavante's business, and
will evaluate future growth strategies for
Metavante as circumstances permit.
Marshall & Ilsley Corporation (NYSE: MI) is
a diversified financial services corporation
headquartered in Milwaukee, Wisconsin with
$25.2 billion in assets. Founded in 1847,
M&I has the largest retail banking presence
in Wisconsin with over 200 offices throughout
the state. In addition, M&I retail locations
are located in Phoenix and Tucson, Arizona;
Las Vegas, Nevada; and Naples, Florida. M&I
also provides trust and investment
management, equipment leasing, mortgage
banking, financial planning, investments and
insurance services from offices throughout
the country and on the Internet
(www.mibank.com or 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.
There will be a conference call today,
Wednesday, November 1, at 10:00 CST. You may
listen by calling (800) 344-6783 and asking
for the M&I conference call.
This press release contains forward-looking
statements regarding anticipated financial
results and strategic corporate activities.
Such statements are subject to important
factors which could cause M&I's actual
results to differ materially from those
anticipated by the forward-looking
statements. These factors include those
referenced in M&I's Annual Report on Form 10-
K or as may be described from time to time in
M&I's subsequent SEC filings, and such
factors are incorporated herein by reference.
###
