Eastern Virginia Bankshares, Inc. Announces Extension of Rights Offering

   Eastern Virginia Bankshares, Inc. Announces Extension of Rights Offering

PR Newswire

TAPPAHANNOCK, Va., June 11, 2013

TAPPAHANNOCK, Va., June 11, 2013 /PRNewswire/ --Eastern Virginia Bankshares,
Inc. (NASDAQ: EVBS) (the "Company") announced today that it has extended the
expiration date for its $5.0 million rights offering to its existing
shareholders to June 28, 2013 at 5:00 p.m., Eastern time. The rights offering
was originally scheduled to expire on June 14, 2013 at 5:00 p.m., Eastern
time. The Company has chosen to extend the expiration of the rights offering
due to the high level of interest among shareholders and to ensure sufficient
time for the completion and return of the documentation required for
participation in the rights offering.

The Company has filed a registration statement (including a prospectus) with
the Securities and Exchange Commission ("SEC") for the rights offering.
Before you invest, you should read the prospectus in that registration
statement and other documents the Company has filed with the SEC for more
complete information about the Company and this offering.

The rights offering will be made only by means of a prospectus. This release
shall not constitute an offer to sell or a solicitation of an offer to buy nor
shall there be any sales of these securities in any state or jurisdiction in
which such an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of such state or

Forward-Looking Statements

Certain statements contained in this release that are not historical facts may
constitute "forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. In addition, certain statements may be
contained in the Company's future filings with the SEC, in press releases, and
in oral and written statements made by or with the approval of the Company
that are not statements of historical fact and constitute forward-looking
statements within the meaning of the Act. Words such as "believes,"
"anticipates," "expects," "intends," "targeted," "continue," "remain," "will,"
"should," "may" and other similar expressions are intended to identify
forward-looking statements but are not the exclusive means of identifying such

Although the Company believes that its expectations with respect to the
forward-looking statements are based upon reliable assumptions and projections
within the bounds of its knowledge of its business and operations, there can
be no assurance that actual results, performance, actions or achievements of
the Company will not differ materially from any future results, performance,
actions or achievements expressed or implied by such forward-looking
statements. Readers should not place undue reliance on such statements, which
speak only as of the date of this report. The Company does not undertake any
steps to update any forward-looking statement that may be made from time to
time by it or on its behalf.

Adam Sothen
Chief Financial Officer
Voice: (804) 443-8404
Fax: (804) 445-1047

SOURCE Eastern Virginia Bankshares, Inc.

Website: http://www.bankevb.com
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