Heritage Commerce Corp. Declares Quarterly Cash Dividend of $0.08 Per Share

SAN JOSE, Calif., Oct. 23, 2008 (GLOBE NEWSWIRE) -- Heritage Commerce Corp.
(Nasdaq:HTBK), today announced that its Board of Directors declared an $0.08 per
share quarterly cash dividend. The dividend will be paid on December 10, 2008,
to shareholders of record on November 19, 2008.

Heritage Commerce Corp., a bank holding company established in February 1998, is
the parent company of Heritage Bank of Commerce, established in 1994 and
headquartered in San Jose with full-service branches in Los Gatos, Fremont,
Danville, Pleasanton, Walnut Creek, Morgan Hill, Gilroy, Mountain View, and Los
Altos. Heritage Bank of Commerce is an SBA Preferred Lender with Loan Production
Offices in Fresno, Sacramento, Oakland and Santa Rosa, California. For more
information, please visit www.heritagecommercecorp.com.

Forward Looking Statement Disclaimer

This release may contain forward-looking statements that are subject to risks
and uncertainties. Such risks and uncertainties may include, but are not
necessarily limited to, the Company's ability to sustain dividend payments,
fluctuations in interest rates and monetary policy established by the Federal
Reserve, inflation, government regulations, general economic conditions,
competition within the business areas in which the Company is conducting its
operations, including the real estate market in California, the ability to
recognize identified cost savings, and other factors beyond the Company's
control. Such risks and uncertainties could cause results for subsequent interim
periods or for the entire year to differ materially from those indicated. For a
discussion of factors which could cause results to differ, please see the
Company's reports on Forms 10-K and 10-Q as filed with the Securities and
Exchange Commission and the Company's press releases. Readers should not place
undue reliance on the forward-looking statements, which reflect management's
view only as of the date hereof. The Company undertakes no obligation to
publicly revise these forward-looking statements to reflect subsequent events or
circumstances.

Member FDIC

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CONTACT: Heritage Commerce Corp.
Rebecca Levey
(408) 494-4513