Hampton Roads Bankshares Announces Appointment of James Johnson as Senior Credit Officer for Shore Bank

Douglas J. Glenn, President and Chief Executive Officer of the Company and Chief Executive Officer of BHR, said, “With the opening of Shore Bank’s Rehoboth Beach Loan Production Office in June and Jim’s appointment as Senior Credit Officer for Shore Bank, we continue to underscore our commitment to the Delmarva region and to add talented, experienced lenders to our team. Jim is a Delaware native with over twenty-five years of experience who understands the banking needs of local families and businesses.”

Prior to joining the Company, Johnson was Southern Delaware Relationship Manager for Wilmington Trust Company and for M&T Bank following its acquisition of Wilmington Trust Company. Previously, he served as Vice President and Senior Lender for The Felton Bank and as Vice President and Relationship Manager with PNC Bank and its predecessors, Mercantile Peninsula Bank and Mercantile Baltimore Trust Company. Earlier in his career, he served as Vice President and Senior Loan Officer with MidAtlantic Farm Credit and the Delaware Farm Credit Association and in a variety of positions with Sussex Trust Company.

Johnson earned a B.S. in Business Administration/Marketing from Salisbury State University and an MBA from Wilmington College.He is involved in a number of community and civic organizations, including the Greater Seaford Chamber of Commerce, the Seaford/Western Sussex Economic & Development Forum and the Rehoboth Beach & Dewey Beach Chamber of Commerce.

Certain statements made in this press release 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, including prospective statements about the Company’s commitment to the Delmarva region. Although the Company believes that its expectations with respect to such 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 those expressed or implied by such forward-looking statements.Factors that could cause actual events or results to differ significantly from those described in the forward-looking statements include, but are not limited to those described in the cautionary language included under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2011, Quarterly Report on Form 10-Q for the quarter ended September 30, 2012and other filings made with the SEC.