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Abigail Adams (AANB) Chairwomen/President/CEO Resigns

September 2, 2008 5:08 PM EDT
Abigail Adams National Bancorp, Inc. (Nasdaq: AANB), a bank holding company and parent of The Adams National Bank and Consolidated Bank & Trust, announced that Jeanne Delaney Hubbard resigned from her positions as Chairwoman of the Board, President and Chief Executive Officer of the Company, as well as from her position as President and Chief Executive Officer of The Adams National Bank.

No acting president or chief executive officer has been designated by the Company at the present time. The Company is in the process of evaluating potential replacements for President and Chief Executive Officer.

Abigail Adams National Bancorp, Inc. operates as the holding company for The Adams National Bank and Consolidated Bank & Trust Company, which offer a range of commercial and retail banking products and services in Washington, D.C.; Maryland; and Richmond and Hampton, Virginia market areas.

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