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.: Nov. 1, 2006: Capitol Bancorp Limited (NYSE:CBC) will be a featured presenter at the Mid-Atlantic SuperCommunity Bank Conference in Philadelphia on Monday, November 6.

Michael M. Moran, Capitol Bancorp's chief of capital markets, will provide an overview of the company's unique operating model, financial performance and strategic growth initiatives to institutional investors, high net-worth individuals and analysts from leading investment banks.

Capitol Bancorp, a community bank development company with 49 separately chartered banks located throughout the country, recently reported third quarter earnings approximating $10.8 million. The Corporation also announced a dividend payment of $0.25 per common share, marking its 57th consecutive quarterly dividend payment. Capitol Bancorp has opened eight community banks during 2006 and currently has applications pending for four de novo banks in California, Colorado, Ohio and Washington.

The presentation will be webcast live on Monday, November 6, 2006 at 5:20 p.m. ET. Webcast details are available at http://www.super-communitybanking.com/midatlantic/webcast.htm. A replay of the webcast will be available for 30 days.

About Capitol Bancorp Limited
Capitol Bancorp Limited (NYSE: CBC) is a $3.9 billion national community bank development company, with a network of 49 separately chartered banks and bank operations in 14 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.