Hampton Roads Bankshares Joins Russell 3000 Index

NORFOLK, Va., June 29, 2009 (GLOBE NEWSWIRE) -- Hampton Roads Bankshares, Inc.
(Nasdaq:HMPR), the financial holding company for Bank of Hampton Roads and Shore
Bank, is pleased to announce that effective at the close of market on June 26,
2009, the Company's stock was added to the Russell 3000 Index.

Russell provides the leading U.S. equity index family for institutional
investors with over $4.3 trillion in investment assets benchmarked against them.
The Russell 3000 Index measures the performance of the largest 3000 U.S.
companies representing approximately 98% of the investable U.S. equity market.
It is constructed to provide a comprehensive, unbiased, and stable barometer of
the broad market and is completely reconstituted annually to ensure new and
growing equities are reflected.

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 and
Shore Bank, which opened in 1961. 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 thirty
banking offices in the Hampton Roads region of southeastern Virginia and
twenty-four offices in Virginia and North Carolina doing business as Gateway
Bank & Trust Co. Shore Bank serves the Eastern Shore of Maryland and Virginia
through eight banking offices and fifteen ATMs. 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. Additional information about
the Company and its subsidiaries can be found at
www.hamptonroadsbanksharesinc.com.

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, 2008, 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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CONTACT: Hampton Roads Bankshares, Inc.
Tiffany K. Glenn, Executive Vice President,
Investor Relations Officer
(757) 217-1000