Capitol Bancorp Center
200 Washington Sq. North
Lansing, MI 48933

2777 East Camelback Road
Suite 375
Phoenix, AZ 85016

Analyst Contact:
Michael M. Moran
Chief of Capital Markets
877-884-5662

Media Contact:
Joal Redmond
Corporate Communications
602-977-3797

LANSING, Mich. and PHOENIX, Ariz.: June 26, 2006: Capitol Bancorp Limited (NYSE: CBC), a $3.6 billion national community bank development company, announced today the opening of its 45th and 46th individually chartered community banks, Bank of Valdosta and Sunrise Bank of Atlanta. The two new banks, both in Georgia, represent Capitol Bancorp's second and third community banks in that state. Peoples State Bank in Jeffersonville, Georgia, was Capitol's first full service Georgia bank. Sunrise Bank of Atlanta had been operating as a loan production office since 2002.

Earlier this month Capitol Bancorp announced the opening of its 44th community bank, Evansville Commerce Bank in Indiana. Thus far in 2006, the Corporation has opened five de novo community banks and currently has applications pending for three de novo banks in three states.

"Our highly successful business model of opening separately chartered, locally managed and run community banks, affirms our strong commitment to preserving and growing the community banking model," said Capitol Bancorp Chairman and CEO Joseph D. Reid. "Both the Atlanta and the Valdosta banks will be excellent additions to their local business environments because of their local management and their understanding of the varied aspects of their respective communities."

Reid added that the state of Georgia offers a compelling economic environment for business and entrepreneurs which represent Capitol's banks targeted client base. "We believe there are many opportunities in Georgia and through the experience of our local bankers and bank board members we are well-positioned to build on, and contribute to, the already vibrant Georgia economy."

Leading Sunrise Bank of Atlanta is Charles H. Green, president and founder of the bank. He is a 23-year veteran of banking in the Atlanta area and has authored several books on lending to small business. He is the Chairman of the Fulton County Arts Council.

Bank of Valdosta is led by Valdosta native Matt Stanaland, who has more than 15 years in the financial services industry, all in Valdosta.

Sunrise Bank of Atlanta and Bank of Valdosta offer a full slate of products and services for small and mid-sized community businesses, entrepreneurs and high net-worth individuals.

About Capitol Bancorp Limited
Capitol Bancorp Limited (NYSE: CBC) is a $3.6 billion national community bank development company, with a network of 46 separately chartered banks and bank operations in 13 states. It is the holder of the most individual bank charters in the country. Capitol Bancorp Limited identifies opportunities for the development of new community banks, raises capital for and mentors new community banks through their formative stages, and provides efficient services to its growing network of community banks. Each community bank has full local decision-making authority and is managed by an on-site president under the direction of a local board of directors, composed of business leaders from the bank's community. Founded in 1988, Capitol Bancorp Limited has executive offices in Lansing, Michigan, and Phoenix, Arizona.