Macatawa Bank Corporation Declares Quarterly Cash Dividend

HOLLAND, Mich., Feb. 28, 2008 (PRIME NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq:MCBC) announced that its board of directors declared a quarterly cash dividend of thirteen cents ($.13) per share payable March 28, 2008, to shareholders of record on March 12, 2008. This marks the thirtieth consecutive quarterly cash dividend declared by the ten-year-old banking company, and is a 5% increase over the first quarter 2007 cash dividend after considering the 5% stock dividend paid in May 2007.

Headquartered in Holland, Michigan, Macatawa Bank Corporation is the parent company for Macatawa Bank. The Bank offers a full range of banking, investment and trust services to individuals, businesses, and governmental entities from a network of 26 full service branches located in communities in Kent County, Ottawa County, and northern Allegan County. Services include commercial, consumer and real estate financing; business and personal deposit services, ATM, telephone and Internet banking services, trust and employee benefit plan services and various investment services. The Corporation emphasizes its local management team and decision making, along with providing its customers excellent service and superior financial products.

"CAUTIONARY STATEMENT: This press release contains certain forward-looking statements that involve risks and uncertainties which could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, economic, competitive, governmental and technological factors affecting the Company's operations, markets, products, services, pricing. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release."

CONTACT: Macatawa Bank Corporation
         Jon W. Swets, SVP/CFO
         616.494.7645

Released February 28, 2008