Hampton Roads Bankshares Announces Expanded ATM Network


NORFOLK, Va., Jan. 13, 2009 (GLOBE NEWSWIRE) -- Hampton Roads Bankshares, Inc. (Nasdaq:HMPR), the financial holding company for Bank of Hampton Roads, Gateway Bank & Trust Co. and Shore Bank, announced today that customers of each of its banks may use their ATM cards across the entire branch network without foreign use charges. Jack W. Gibson, the Vice Chairman and Chief Executive Officer of Hampton Roads Bankshares commented, "The more than 80 ATM locations that we can now offer our customers across our markets is one of the first of the many steps we are taking to offer our customers the broadest possible range of services and products and to continue to provide the best possible customer experience." Bank of Hampton Roads has ATM locations at each of its 18 branches in Chesapeake, Norfolk, Suffolk and Chesapeake, Virginia as well as Norfolk Scope and Chrysler Hall. Gateway Bank & Trust Co. has ATM locations at each of its 37 offices across North Carolina and Virginia as well as Green Gifford Chrysler Dodge Jeep on North Military Highway in Norfolk, Virginia. Shore Bank has ATM locations at each of its 8 branch locations, 6 Food Lion Stores and 8 Shore Stop Stores across the Eastern Shore of Maryland and Virginia as well as in both the Holiday Inn and Quality Inn in Ocean City, Maryland. A list of all ATM locations is available at any of the bank websites listed below.



                    www.bankofhamptonroads.com
                    www.gatewaybankandtrust.com
                        www.shorebank.com

About Hampton Roads Bankshares:

Hampton Roads Bankshares, Inc. is a financial holding company that was formed in 2001 and is headquartered in Norfolk, Virginia. The Company's primary subsidiaries are Bank of Hampton Roads, which opened for business in 1987; Shore Bank, which opened in 1961; and Gateway Bank & Trust Co., which opened in 1998. The Banks engage in general community and commercial banking business, targeting the needs of individuals and small to medium-sized businesses. Currently, Bank of Hampton Roads operates eighteen banking offices in the Hampton Roads region of southeastern Virginia. Shore Bank serves the Eastern Shore of Maryland and Virginia through eight banking offices and twenty-two ATMs. Gateway Bank & Trust Co. serves Virginia and North Carolina through thirty-seven banking offices. Through various affiliates, the Banks also offer mortgage banking services, insurance, title insurance and investment products. Shares of the Company's common stock are traded on the NASDAQ Global Select Market under the symbol HMPR.

Certain statements in this report may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that include projections, predictions, expectations, or beliefs about events or results or otherwise are not statements of historical facts. Although the Company believes that its expectations with respect to certain forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results, performance or achievements of the Company will not differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual future results and trends may differ materially from historical results or those anticipated depending on a variety of factors. For an explanation of the risks and uncertainties associated with forward-looking statements, please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2007, and other reports filed and furnished to the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements made in this press release and this release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such solicitation would be unlawful.



            

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