Exhibit 99.1

                   Temecula Valley Bancorp Announces
                       Quarterly Cash Dividend


    TEMECULA, Calif.--(BUSINESS WIRE)--Nov. 29, 2007--Temecula Valley
Bancorp Inc. (NASDAQ: TMCV), the parent company of Temecula Valley
Bank, announced today that its Board of Directors declared a quarterly
cash dividend of $0.04 per share payable on January 15, 2008 to
shareholders of record as of January 2, 2008.

    Temecula recently reported total assets of $1.3 billion as of
September 30, 2007, earnings for the quarter ended September 30, 2007
of $2.6 million and $0.25 per diluted share.

    About Temecula

    Temecula Valley Bank (the "Bank") was established in 1996 and
operates full service offices in Temecula, Murrieta, Corona,
Fallbrook, Escondido, Rancho Bernardo, El Cajon, Carlsbad, Solana
Beach and Ontario. The Bank also operates a number of regional real
estate loan production centers in California. As a nationally
authorized SBA Preferred Lender, the Bank has multiple SBA loan
production offices across the United States and has funded over $1.3
billion in SBA loans in 36 states in the last five years. The Bank's
website is at www.temvalbank.com. Temecula Valley Bancorp Inc. was
established in June 2002 and operates as a bank holding company for
the Bank.

    Temecula Valley Bancorp stock is traded on the NASDAQ Global
Select Market under the symbol TMCV.


    CONTACT: Temecula Valley Bank
             Stephen H. Wacknitz, President & CEO
             951-694-9940