Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Wolking Christopher A
  2. Issuer Name and Ticker or Trading Symbol
OLD NATIONAL BANCORP /IN/ [ONB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SEVP - CFO
(Last)
(First)
(Middle)
812 S ALVORD BLVD
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2008
(Street)

EVANSVILLE, IN 47714
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
COMMON STOCK 03/17/2008   J V 2.442 A $ 17.5862 189.129 D (1)  
COMMON STOCK 03/31/2008   D   7,500 D $ 0 26,801 D  
COMMON STOCK               6,198.862 (3) I ONB KSOP
COMMON STOCK               2,733.917 D (2)  
COMMON STOCK 03/17/2008   J V 42.168 A $ 17.5862 3,266.434 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
EMPLOYEE STOCK OPTION $ 21.7             06/27/2001 06/27/2011 COMMON STOCK 5,425   5,425 D  
EMPLOYEE STOCK OPTION $ 21.7             02/01/2002 06/27/2011 COMMON STOCK 17,504   17,504 D  
EMPLOYEE STOCK OPTION $ 20.59             01/22/2003 01/22/2012 COMMON STOCK 19,796   19,796 D  
EMPLOYEE STOCK OPTION $ 20.68             01/31/2004 01/31/2013 COMMON STOCK 27,563   27,563 D  
EMPLOYEE STOCK OPTION $ 20.43             12/31/2004 02/02/2014 COMMON STOCK 2,100   2,100 D  
EMPLOYEE STOCK OPTION $ 21.65             02/01/2007(4) 02/24/2016 COMMON STOCK 15,500   15,500 D  
EMPLOYEE STOCK OPTION $ 18.43             01/25/2008(5) 01/25/2017 COMMON STOCK 19,600   19,600 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Wolking Christopher A
812 S ALVORD BLVD
EVANSVILLE, IN 47714
  X     SEVP - CFO  

Signatures

 JEFFREY L KNIGHT, EXECUTIVE VP AND CHIEF LEGAL COUNSEL, AS ATTORNEY-IN-FACT   04/15/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Registered as joint tenants - Christopher & Gail Wolking
(2) Shares held with a broker.
(3) KSOP balance updated based upon current data.
(4) Option vests in one-third annual installments beginning on 2/1/2007.
(5) Option vests in one-third annual installments beginning on 1/25/2008.

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