Hampton Roads Bankshares to be Added to Russell 2000(R) Index

Hampton Roads Bankshares to be Added to Russell 2000(R) Index

VIRGINIA BEACH, Va., June 28, 2013 (GLOBE NEWSWIRE) -- Hampton Roads
Bankshares, Inc. (Nasdaq:HMPR) (the "Company"), the holding company for The
Bank of Hampton Roads ("BHR") and Shore Bank, announced today that Russell
Investments ("Russell") has added the Company to the Russell 2000® Index
effective July 1, 2013 as a result of Russell's annual reconstitution of its
comprehensive set of U.S. and global equity indexes on June 28, 2013.

Douglas J. Glenn, President and Chief Executive Officer of the Company and
Chief Executive Officer of BHR, said, "We are pleased to join the Russell
2000® Index. We believe that our inclusion will increase our exposure to
investors and the financial community, allowing us to broaden our shareholder
base."

Russell indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for both passive and active
investment strategies. $4.1 trillion in assets are currently benchmarked to
these indexes.

The Russell 2000® Index measures the performance of the small-cap segment of
the U.S. equity universe. The Russell 2000 is a subset of the Russell 3000®
Index representing approximately 10% of the total market capitalization of
that index. It includes approximately 2000 of the smallest securities based on
a combination of their market capitalization and current index membership.

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 the
Company's exposure to investors and the financial community, and the
broadening of its shareholder base.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