FCVA (MM)

GLEN ALLEN, Va., July 12 /PRNewswire-FirstCall/ -- First Capital Bancorp, Inc. (NASDAQ:FCVA), a bank holding company, announced today the issuance of an additional 152,900 shares of common stock as a result of the exercise of the over-allotment option granted to the underwriters of First Capital Bancorp's public offering of 1,020,000 shares of its common stock at $15.75 per share which closed on June 19, 2007. The net proceeds to First Capital Bancorp from this offering, including the exercise of the over- allotment option, was approximately $17.2 million. The lead underwriter and sole book-running manager for the offering was Davenport & Company LLC, with Anderson & Strudwick, Inc. acting as co-manager. Copies of the prospectus relating to this offering may be obtained by contacting Gary S. Penrose, at Davenport & Company LLC, One James Center, 901 East Cary Street, Richmond, VA 23219. First Capital Bancorp, Inc. is headquartered in Glen Allen, VA, and has one wholly-owned subsidiary, First Capital Bank. First Capital Bank operates six full service branches throughout the greater Richmond metropolitan area. Contact: Robert G. Watts, Jr., President & CEO (804) 273-1160 William W. Ranson, SVP & CFO (804) 273-1160 DATASOURCE: First Capital Bancorp, Inc. CONTACT: Robert G. Watts, Jr., President & CEO, or William W. Ranson, SVP & CFO, both of First Capital Bancorp, Inc., +1-804-273-1160 Web site: http://www.1capitalbank.com/

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