FOR IMMEDIATE RELEASE
Date:         August 22, 2008
Contact:      Jeanne D. Hubbard
              202-772-3600


                 ABIGAIL ADAMS NATIONAL BANCORP, INC. ANNOUNCES
                        SUSPENSION OF QUARTERLY DIVIDENDS

Washington,  DC- Abigail Adams  National  Bancorp,  Inc.  (NASDAQ:AANB),  a bank
holding  company with offices in Washington  DC,  Maryland and  Virginia,  today
announced  that its Board of Directors  has voted to suspend  regular  quarterly
dividends on its common stock effective immediately.

Abigail Adams National  Bancorp,  Inc.'s President and Chief Executive  Officer,
Jeanne D. Hubbard,  stated,  "While the company reported a profit in each of the
first two  quarters of 2008 and our  affiliate  banks  remain  above  regulatory
requirements for being "well capitalized"  institutions,  our Board of Directors
believes that the current  economic  conditions  require prudent  management and
conservation  of capital at our affiliate  level.  This decision was made with a
focus on  maintaining  the long term  shareholder  value that can be realized by
continuing to have well capitalized and profitable affiliates. Our Directors and
Executive  Officers,  who own  approximately 20% of AANB's  outstanding  shares,
realize that suspending the dividend is a serious action,  but we firmly believe
that this action is necessary and will be beneficial to the  shareholders in the
long term.  The company  expects to resume the payment of  dividends as economic
conditions improve."

Abigail Adams National Bancorp is a two-bank holding company, majority owned and
operated  by women.  The Company is focused on serving  the  financial  needs of
minorities,   women,   small  to  mid-sized   businesses,   and   not-for-profit
organizations in the Washington, DC and Richmond, VA metropolitan areas.

Statements  contained in this press  release that are not  historical  facts may
constitute  forward-looking statements (within the meaning of Section 21E of the
Securities and Exchange Act of 1934, as amended) which involve significant risks
and  uncertainties.  The Company intends such  forward-looking  statements to be
covered  in  the  Private  Securities  Litigation  Reform  Act of  1995,  and is
including this statement for purposes of invoking these safe harbor  provisions.
The Company's ability to predict results or the actual effect of future plans or
strategies  is  inherently   uncertain  and  involves  a  number  of  risks  and
uncertainties,  some of which have been set forth in the  Company's  most recent
annual reports on Form 10-K,  which  disclosures  are  incorporated by reference
herein.  The fact that  there are  various  risks  and  uncertainties  should be
considered in evaluating  forward-looking  statements and undue reliance  should
not be placed on such statements.

SOURCE:  Abigail Adams National Bancorp