[Printed on Community Bancorp, Inc. letterhead]




November 5, 2002




Dear Shareholder:

The Company's Offer to Purchase up to 222,222 shares of Community Bancorp,
Inc. common stock, dated October 1, 2002 and amended on October 18, 2002,
expired at 5:00 P.M. on November 1, 2002.  A total of 134,505 shares were
tendered in conjunction with the Offer.

Checks to shareholders who tendered shares, representing the proceeds of
the sale of those shares to the Company at a per-share price of $13.50,
are expected to be mailed on or before November 8, 2002.


Sincerely,


/s/ James A. Langway

James A. Langway
President and Chief Executive Officer