Oak Valley Community Bank Opens Offering of Remaining Shares to Public

OAKDALE, CA--(Marketwire - June 22, 2007) - Oak Valley Community Bank (OTCBB: OVYB), headquartered in Oakdale, California, is pleased to announce that, as scheduled pursuant to its previously announced stock offering, it has opened to the general public the offering of remaining shares of common stock at $11.00 per share. This offering follows the rights offering that was reserved to existing shareholders of the Bank, which terminated on June 15, 2007. The offering of remaining shares is scheduled to continue through July 16, 2007. "We believe that the offering of remaining shares represents a unique opportunity for investors and customers in the communities we serve to join the existing shareholder base of the Bank," says Ron Martin, the CEO of the Bank.

The Bank had obtained advance approval for both the rights offering and the sale of remaining shares from the California Department of Financial Institutions, in order to raise up to approximately $15,000,000 in additional capital.

Established in 1991, Oak Valley Community Bank offers a variety of loan and deposit products dedicated to serving the needs of individuals and small businesses. The Bank currently operates through 12 branches: Oakdale, Escalon, Sonora, Turlock, Stockton, Patterson, Ripon, two branches in Modesto, and three branches in their Eastern Sierra Division, which include Bridgeport, Mammoth Lakes and Bishop.

Contact Information: Contact: Rick McCarty/Ron Martin Phone: (209) 848-BANK (2265) www.ovcb.com