EGBN Eagle Bancorp Inc

EagleBank Signs Lease for Third Washington, D.C. Office BETHESDA, Md., July 21 /PRNewswire-FirstCall/ -- Plans are underway for EagleBank (NASDAQ:EGBN) to open a District of Columbia Regional Office and its third branch in Washington, D.C. at 1425 K Street, N.W. Bank management recently signed a lease with Blake Real Estate Corporation for a 5200-square- foot space that will become the bank's D.C. Regional Office. Pending regulatory approval, the office will open in December 2004. "Our plan to create a regional hub in Washington, D.C. is further evidence of our long-term commitment to grow with this community," said Ronald D. Paul, Chairman of the Board of EagleBank. "The opportunity to provide a broad spectrum of financial products and services for small and medium-sized businesses, professionals, and non-profits is one we welcome. Personal service is still important to this segment of the market." "We also look forward to a long and rewarding relationship with the Blake Real Estate family as we work on the 1425 K Street project and others in the future," said Mr. Paul. EagleBank, a community business bank, commenced operations in July 1998 and has grown to over $460 million in assets in the first six years. The bank has five offices in Montgomery County and two other Washington, D.C. branches at 2001 K Street, N.W. and 1228 Connecticut Avenue, N.W. DATASOURCE: EagleBank CONTACT: Thomas D. Murphy of EagleBank, +1-240-497-2042 Web site: http://www.eaglebankmd.com/

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