FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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 194 0	OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response...0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

(Print or Type Responses)

1. Name and Address of Reporting Person*

Lankford, Ronald B.

2. Issuer Name and Tickler or Trading Symbol

Old National Bancorp ONB

6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director

10% Owner

Officer (give title below)

Other (specify below)

(Last) (First) (Middle)

2100 Union Dr

3. I.R.S. Identification Number of
Reporting Person, if an entity
(voluntary)

4. Statement for Month/Day/Year

January 27, 2003

7. Individual or Joint/Group Filing (Check Applicable Line)

5. If Amendment, Date of
Original (Month//Day/Year)

Form filed by One Reporting Person

(Street)

Newburgh, IN 47630

Form filed by More than One Reporting Person

(City) (State) (Zip)

Table I ¾ 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)

Ownership
    Form: Direct
    (D) or
    Indirect (I)
    (Instr. 4)

Nature of
    Indirect
    Beneficial
    Ownership

    (Instr. 4)

Code

Amount

(A)

or
(D)

Price

Common stock

01/27/03

877.354

18,424.426

Common stock

01/27/03

772.161

16,215.390

J Shrs recd pursuant to stock dividend on ONB

common stock with a record date of 1/6/2003

D1 Ronald B. Lankford

D2 Oltrust and Co FBO Ronald Lankford

FORM 4 (continued)

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. Trans- action Date (Month/

Date/

Year)

3A. Deemed Execution Date, if any

(Month/

Date/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
      Securities:
      Direct (D)

or Indirect

(I)
(Instr. 4)

11. Nature of
      Indirect
      Beneficial
      Ownership
      (Instr. 4)

Code

(A)

(D)

Date
Exercisable

Expiration
Date

Title

Amount or
Number of
Shares

Explanation of Responses:




		**Signature of Reporting Person	Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	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).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Last Update: 09/05/2002

LANKFORD RONALD B 4