Eagle Bancorp, Inc. Announces Quarterly Cash Dividend

BETHESDA, Md., Nov. 29 /PRNewswire-FirstCall/ -- Eagle Bancorp, Inc.

(Nasdaq: EGBN), the parent company of EagleBank, today announced thedeclaration of its quarterly cash dividend in the amount of $0.06 per share.The cash dividend will be payable on January 4, 2008 to shareholders of recordat the close of business on December 19, 2007.

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This dividend is the fourth dividend which is subject to reinvestmentpursuant to the Company's Dividend Reinvestment Plan. Shareholders who havenot yet signed up to participate in the Dividend Reinvestment Plan and wish tohave all or part of their dividend payable on January 4, 2008 reinvested inadditional shares (at a discount of 5%), must enroll in the plan by the Dateof Record on December 19, 2007. Enrollment forms may be obtained fromComputershare Trust Company, N.A. at www.computershare.com, or by calling 877-282-1168.

Eagle Bancorp is the holding company for EagleBank which commencedoperations in 1998. The Bank is headquartered in Bethesda, Maryland, andconducts full service commercial banking services through nine offices,located in Montgomery County, Maryland and Washington, D.C. The Companyfocuses on building relationships with businesses, professionals andindividuals in its marketplace.

CONTACT:

Ronald D. Paul

301.986.1800SOURCE Eagle Bancorp, Inc.Ronald D. Paul of Eagle Bancorp, Inc., +1-301-986-1800