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Stock Split History

Mercantile Bank Corp. (NASDAQ: MBWM)

Year	Split Date	Split Type	Split Factor
2007	Apr 19, 2007	Stock Dividend	0.9524
2007 Total:			0.9524

2006	Apr 20, 2006	Stock Dividend	0.9524
2006 Total:			0.9524

2005	Jul 14, 2005	Stock Dividend	0.9524
2005 Total:			0.9524