Jeanne Delaney Hubbard Resigns from Her Positions with Abigail Adams National Bancorp

Jeanne Delaney Hubbard Resigns from Her Positions with Abigail Adams National
Bancorp

WASHINGTON, Sept. 2 /PRNewswire-FirstCall/ -- Abigail Adams National
Bancorp, Inc. (Nasdaq: AANB), a bank holding company and parent of The Adams
National Bank and Consolidated Bank & Trust, announced that Jeanne Delaney
Hubbard resigned from her positions as Chairwoman of the Board, President and
Chief Executive Officer of the Company, as well as from her position as
President and Chief Executive Officer of The Adams National Bank. Ms. Hubbard
had served as a director of the Company and The Adams National Bank since
1995; as Chairwoman, President and Chief Executive Officer of the Company
since 1998; as Chairwoman of The Adams National Bank since 1998; and as
President and Chief Executive Officer of The Adams National Bank since
November, 2005. No acting president or chief executive officer has been
designated by the Company at the present time. The Company is in the process
of evaluating potential replacements for President and Chief Executive
Officer.
Statements contained in this press release that are not historical facts
may constitute forward-looking statements (within the meaning of Section 21E
of the Securities and Exchange Act of 1934, as amended) which involve
significant risks and uncertainties. The Company intends such forward-looking
statements to be covered in the Private Securities Litigation Reform Act of
1995, and is including this statement for purposes of invoking these safe
harbor provisions. The Company's ability to predict results or the actual
effect of future plans or strategies is inherently uncertain and involves a
number of risks and uncertainties, some of which have been set forth in the
Company's most recent annual reports on Form 10-K, which disclosures are
incorporated by reference herein. The fact that there are various risks and
uncertainties should be considered in evaluating forward-looking statements
and undue reliance should not be placed on such statements.
SOURCE Abigail Adams National Bancorp

Louis Ackers, Executive Vice President of Abigail Adams National Bancorp,
Inc., +1-202-772-3600