Exhibit 99.1




                         HAMPTON ROADS BANKSHARES, INC.
              DIVIDEND REINVESTMENT AND OPTIONAL CASH PURCHASE PLAN
                               PARTICIPATION CARD

         To participate in the Hampton Roads Bankshares, Inc. Dividend
Reinvestment and Optional Cash Purchase Plan, please complete and sign the
reverse side of this Participation Card and return it in the envelope provided
to:

                           Hampton Roads Bankshares, Inc.
                           201 Volvo Parkway
                           Chesapeake, Virginia 23320

         This Participation Card will authorize Hampton Roads Bankshares, Inc.
to pay to The Bank of Hampton Roads, as your agent, all of the regular dividends
that you receive on shares of Common Stock of Hampton Roads Bankshares, Inc., to
be used together with any voluntary cash contributions that you may make to
purchase additional shares of Common Stock of Hampton Roads Bankshares, Inc.

         Completion and return of this Participation Card authorizes your
enrollment in the Hampton Roads Bankshares, Inc. Dividend Reinvestment and
Optional Cash Purchase Plan. Do not return this form unless you wish to
participate in the Plan.

         |_|      Full Common Stock Dividend Reinvestment - If you check this
                  option, you authorize the purchase of additional shares of
                  Common Stock with the cash dividends on all shares of Common
                  Stock held by you, as well as on the shares of Common Stock
                  credited to your Plan account.

         |_|      Full Common Stock Dividend Reinvestment and Optional Cash
                  Purchases - If you check this option, you authorize the
                  purchase of additional shares of Common Stock with the cash
                  dividends on all shares of Common Stock held by you, as well
                  as on the shares of Common Stock credited to your Plan
                  account. In addition, you authorize the purchase of additional
                  shares of Common Stock with voluntary cash payments of not
                  less than $50 per payment, up to a maximum of $1,000 per
                  calendar quarter, made by you no less than one day (and no
                  more than thirty days) prior to the end of each calendar
                  quarter.



         |_|      Optional Cash Purchases Only - If you check this option, you
                  authorize only the purchase of additional shares of Common
                  Stock with voluntary cash payments of not less than $50 per
                  payment, up to a maximum of $1,000 per calendar quarter, made
                  by you no less than one day (and no more than thirty days)
                  prior to the end of each calendar quarter.

         Note: Checks submitted for Optional Cash Purchases of stock must be
received not less than one day (and not more than thirty days) prior to the date
that the purchases will be made. We will not pay interest on any optional cash
payments. Accordingly, participants should make every effort to send us their
optional cash payments as close as possible to the submission deadline for each
calendar quarter. (See Prospectus for details.)

         I understand that the purchases will be made under the terms and
conditions of the Dividend Reinvestment and Optional Cash Purchase Plan as
described in the Prospectus that accompanied this Participation Card and that I
may revoke this authorization at any time by notifying Hampton Roads Bankshares,
Inc. in writing, of my desire to terminate my participation.

         Please return this Participation Card to: Hampton Roads Bankshares,
Inc., 201 Volvo Parkway, Chesapeake, Virginia 23320.




- -----------------------------------------       --------------------------------
       Printed Name (as it appears              Signature
       on stock certificate)


                                                --------------------------------
                                                Signature

If shares are held jointly, all holders must sign. If signing as Attorney,
Administrator, Executor, Signature Guardian or Trustee, please add your title as
such.

                                                    Dated: ____/____/____



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