MutualFirst Financial Announces Annual Meeting Date

Thursday, January 11, 2007

From: MutualFirst Financial, Inc.
For Publication:Immediately
Contact: David W. Heeter (765) 747-2880

Muncie, Indiana - January 11, 2007 - MutualFirst Financial, Inc. (NASDAQ: MFSF), the holding company for Mutual Federal Savings Bank will hold its eighth annual meeting of stockholders at the Bank's headquarters at 110 E. Charles Street, Muncie, Indiana on April 25, 2007 at 3:00 p.m. local time. The Record Date for voting has been set for March 1, 2007.

MutualFirst Financial, Inc. is the holding company for Mutual Federal Savings Bank, an Indiana-based financial institution, with assets of more than $990 million as of 9-30-06, and 21 full-service offices in Delaware, Randolph, Kosciusko, Grant, and Wabash Counties. Mutual Federal is a leading residential lender in each of their markets and provides a full range of financial services and Internet banking services. The company is traded on NASDAQ under the symbol MFSF and can be found on the Internet at www.mfsbank.com.