Hampton Roads Bankshares Appoints Charles Johnston Chairman of Board of Directors

Hampton Roads Bankshares Appoints Charles Johnston Chairman of Board of
Directors

Henry P. Custis, Jr. Appointed Chairman Emeritus

VIRGINIA BEACH, Va., May 16, 2013 (GLOBE NEWSWIRE) -- Hampton Roads
Bankshares, Inc. (Nasdaq:HMPR) (the "Company"), the holding company for The
Bank of Hampton Roads ("BHR") and Shore Bank, today announced that Charles M.
Johnston, age 57, has been appointed Chairman of the Company's Board of
Directors. He succeeds Henry P. Custis, Jr., who will remain a member of the
Board and will serve as Chairman Emeritus.

Custis said, "With the Company having overcome significant challenges over the
past five years and having returned to profitability, I believe this is the
appropriate time for me to pass the baton to a new Chairman.While there is
still work to do, I have great confidence in Chuck and in the management team
and believe the Company has a bright future."

Johnston said, "I was excited about joining the Board of Hampton Roads
Bankshares last year because I believed the Company had a great franchise, a
strong management team and a comprehensive plan to return to profitability and
ultimately, growth.Since then, the Company has made steady and significant
progress and I am committed to working with the management team to sustain and
build on that progress going forward."

Douglas J. Glenn, President and Chief Executive Officer of the Company and
Chief Executive Officer of BHR, said, "On behalf of the Company and its
shareholders, I want to commend Henry for his unwavering commitment and sound
judgment over the past several years.We are very pleased that the Company
will continue to benefit from his guidance going forward in his role as
Chairman Emeritus."Glenn added, "With a highly successful career in finance
and banking, Chuck brings a wealth of experience and perspective to the role
of Chairman and we look forward to continuing to work with him to develop the
full potential of the Company's franchise."

Johnston joined the Company's Board of Directors in September, 2012.He served
as Chief Financial Officer of Eastern Bank Corporation, an $8 billion bank
holding company headquartered in Boston, from 2003 until his retirement in
March, 2012.He was Chief Financial Officer of Commonwealth Bancorp, a $2
billion bank holding company headquartered in Philadelphia, from 1996 until
its sale to Citizens Financial Group in 2003.From 1994 to 1996, he was Chief
Financial Officer of TFC Enterprises, an auto finance company headquartered in
Norfolk, Virginia. Previously, he served in Treasury, Financial Planning and
Investor Relations roles at Mellon Bank Corporation and Treasury, Accounting
and Internal Audit roles at United States Steel Corporation.

Johnston, a native of Pittsburgh, earned a BS in Commerce at the University of
Virginia and an MBA from Duquesne University.He and his wife Jan reside in
Williamsburg, Virginia.

Caution About Forward-Looking Statements

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
growth plans and profitability.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, 2012, Quarterly Report on Form 10-Q for the
quarter ended March 31, 2013, and other filings made with the SEC.

About Hampton Roads Bankshares

Hampton Roads Bankshares, Inc. is a bank holding company headquartered in
Virginia Beach, Virginia.The Company's primary subsidiaries are The Bank of
Hampton Roads, which opened for business in 1987, and Shore Bank, which opened
in 1961 (collectively, the "Banks"). The Banks engage in general community
and commercial banking business, targeting the needs of individuals and small
to medium-sized businesses.Currently, The Bank of Hampton Roads operates 33
banking offices in Virginia and North Carolina doing business as Bank of
Hampton Roads and Gateway Bank & Trust Co. Shore Bank serves the Eastern
Shore of Maryland and Virginia through seven banking offices, ATMs and two
loan production offices in West Ocean City, Maryland and Rehoboth Beach,
Delaware. Through various affiliates, the Banks also offer mortgage banking
services 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.

CONTACT: Douglas J. Glenn
         President and Chief Executive Officer
         (757) 217-1000