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

2777 East Camelback Road
Suite 375
Phoenix, AZ 85016

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

LANSING, Mich., and PHOENIX, Ariz.: Nov. 21, 2006: Capitol Bancorp Limited (NYSE:CBC) will be a featured presenter at the Friedman Billings Ramsey 2006 Investor Conference in New York on Tuesday, November 28.

Cristin Reid English, Capitol Bancorp's Corporate President, and 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, money managers and analysts.

Capitol Bancorp, a national community bank development company, recently opened its ninth separately chartered community bank this year, bringing the total number of banks in the Capitol Bancorp network to 50. The Corporation currently has applications pending for de novo banks in California, Colorado, New York and Washington.

About Capitol Bancorp Limited
Capitol Bancorp Limited (NYSE: CBC) is a $3.9 billion national community bank development company, with a network of 50 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.