BETHESDA, Md., Feb. 21 /PRNewswire-FirstCall/ -- Eagle Bancorp, Inc. (NASDAQ:EGBN), the parent company of EagleBank, today announced the declaration of its quarterly cash dividend in the amount of $0.06 per share. The cash dividend will be payable on April 2, 2007 to shareholders of record on March 19, 2007. (Logo: http://www.newscom.com/cgi-bin/prnh/20050927/EAGLEBANKLOGO ) This dividend is the first dividend which is subject to reinvestment pursuant to the Company's new dividend reinvestment plan. Shareholders who wish to participate in the Dividends Reinvestment Plan and have all or part of the dividend payable April 2, 2007 reinvested in additional shares, at a discount of 5%, must enroll in the plan by March 19, 2007. Enrollment forms may be obtained from Computershare Trust Company, N.A. at http://www.computershare.com/, or by calling 877-282-1168. Eagle Bancorp is the holding company for EagleBank which commenced operations in 1998. The Bank is headquartered in Bethesda, Maryland, and conducts full service commercial banking services through nine offices, located in Montgomery County, Maryland and Washington, D.C. The Company focuses on building relationships with businesses, professionals and individuals in its marketplace. In July, the Company formed Eagle Commercial Ventures, LLC as a direct subsidiary to provide subordinate financing for the acquisition, development and construction of real estate projects, whose primary financing would be done by EagleBank. EAGLE BANCORP, INC. CONTACT: Ronald D. Paul 301.986.1800 http://www.newscom.com/cgi-bin/prnh/20050927/EAGLEBANKLOGO http://photoarchive.ap.org/ DATASOURCE: Eagle Bancorp, Inc. CONTACT: Ronald D. Paul of Eagle Bancorp, Inc., +1-301-986-1800 Web site: http://www.eaglebankmd.com/ http://www.computershare.com/

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