"I am looking forward to working with Daniel and everyone at Miramax.

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The Company continues to grow and develop new services, such as
Online Banking and a Corporate Cash Management program and at the same time,
maintain the longstanding commitment to personal service.

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I am a huge fan of Patrick Stettner and we are
thrilled to be work with such a talented filmmaker," said Battsek.

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, Today, Chairman of the
Board, President and CEO, Edward J. R. Prior to
Heritage, he served as Vice President and Commercial Loan Officer for both
First Union National Bank and First American Bank of Virginia.

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Commonwealth Bankshares, Inc.

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Mr.

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Leading Commercial Lending Officers Join Bank of the Commonwealth

, CLBB, announced the addition
of three of the area's leading commercial lending officers to his executive
staff at Bank of the Commonwealth.
Craig Baker served as Executive Vice President/Lending for Heritage Bank +
Trust for over 14 years, maintaining a loan portfolio of over $31 million.
Prior to joining Heritage he served as Vice President of the Commercial Loan
Department for First American Bank of Virginia. White has over 19 years experience in banking .
"We are excited to be a part of the new chapter of Miramax Films, who are
clearly the right home for our film," said Robert Kessel of Hart Sharp.

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Price will serve as Executive
Vice President and Commercial Lending Officer for the City of Norfolk.

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Based on the novel by
Armistead Maupin, the screenplay is written by Armistead Maupin, Terry
Anderson and Patrick Stettner.

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Woodard, Jr.

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Mary 's Home for Disabled Children and Holy Trinity School.
Directed and co-written by Patrick Stettner ("The Business of Strangers"),
"Night Listener," tackles the narrative of Armistead Maupin's most haunting
page-turner, in which popular public radio storyteller Gabriel Noone (Robin
Williams ) develops an intense phone relationship with a young listener named
Pete (Rory Culkin) and the social worker who rescued him from a life of abuse
(Toni Collette).

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bankofthecommonwealth.

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With this new team
in place, I fully expect to more than double our commercial lending business
and become the area's leading lender for local businesses over the next two
years. (Nasdaq: CWBS) is the parent of Bank of the
Commonwealth which opened its first office in Norfolk, Virginia, in 1971, with
the goal of creating a community bank that was attuned to local issues and
could respond to the needs of local citizens and businesses.

Miramax Films Acquires Rights to 'Night Listener ' Starring Academy Award(C) Winner Robin Williams and Toni Collette

But Gabriel soon comes to the startling realization that it
is quite possible that neither the boy nor his painful account of his
childhood really exist.

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Our slogan conveys
our true corporate philosophy: "When you bank with us, you bank with your
neighbors.
The deal was negotiated at the Sundance Film Festival by Michael Luisi
(EVP, Business Affairs) and Acquisition Execs Kristin Jones and Peter Lawson
on behalf of Miramax and Mike Hogan and Robert Kessel of Hart Sharp and
Richard Klubeck of UTA.


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Robert White was a Senior Vice President and Commercial Loan Officer for
Heritage Bank + Trust, developing and managing a loan portfolio exceeding $20
million.

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He serves
on the Board of Directors for the Barry Robinson Trust/Barry Robinson Center,
St. He is a member in good
standing and past president of the Sertoma Club of Norfolk, past chairman of
Child + Family Services and a Keel Club Member of the United Way of South
Hampton Roads since 1992.


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Woodard, Jr. Robert L.com or call Edward J.
Their passion and vision for the project will surely make it an exciting
collaboration ," commented filmmaker Patrick Stettner.

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"
Donald Price came to Bank of the Commonwealth from Heritage Bank + Trust,
where he served as President of the Norfolk region, responsible for a
portfolio of over $130 million.
The film is produced by Robert Kessel, Jeff Sharp, John Hart and Jill
Footlick .

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"With the addition of these three executives, we are poised to grow our
commercial lending operations significantly," said Woodard. We have been actively involved in such community
restoration projects as Portsmouth's Hawthorne Hotel (formerly the Governor
Dinwiddie) and the renovation of Norfolk's Granby Street.

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White will serve as Senior Vice President
and Commercial Lending Officer in the City of Norfolk, enhancing the Company's
efforts to increase its commercial lending presence in that city., CLBB at
(757)446-6900.
"'Night Listener' is a smart thriller with commercial appeal that is both
fascinating and topical and fits perfectly with Miramax's intention to
distribute quality films.

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NORFOLK, Va. He is a board
member of Bankers Insurance LLC and the Downtown Kiwanis Club and holds
insurance licenses in both Property + Casualty and Life + Annuity. Psychological Thriller, Directed by Patrick Stettner and Adapted from the
Armistead Maupin Novel, also Stars Sandra Oh, Rory Culkin,
Bobby Cannavale and Joe Morton

PARK CITY, Utah, Miramax Films has acquired the
North American rights to the Hart Sharp Entertainment and IFC Films
co-production, "Night Listener," it was announced today from the Sundance Film
Festival by company president Daniel Battsek .

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Craig Baker will serve as Executive Vice President and Commercial Lending
Officer in the City of Chesapeake, leading the Company's expansion into the
regions growth corridors. "The officers of
our organization have long been committed to the projects and concerns of the
Hampton Roads region.

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Donald F. Prior to his 15 years at Heritage, he served
as a Group Vice President for the First American Bank of Virginia. Today, Bank of
the Commonwealth has nine bank branches strategically located throughout the
Hampton Roads region and an additional four ATM locations for added
convenience ." For more information, please visit
http://www. Executive producers are Armistead Maupin, Mike Hogan, Terry
Anderson, Jonathan Sehring and Caroline Kaplan.

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