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Columbia Bancorp Announces Rescission of its Stock Repurchase Program
 
    COLUMBIA, Md., Feb. 23 /PRNewswire/ -- Columbia Bancorp (Nasdaq: CBMD)
today announced that the Board of Directors rescinded its stock repurchase
program for the repurchase of up to 400,000 shares of its Common Stock.  Since
inception of the program in November 1998 and through this day, 97,800 shares
were repurchased by Columbia Bancorp in the open market.
    Columbia Bancorp, headquartered in Columbia, Maryland, is a bank holding
company and parent company of The Columbia Bank, a commercial bank.  The
Columbia Bank currently operates fifteen banking offices.  The Columbia Bank
provides a full range of financial services to consumers and businesses.
Columbia Bancorp's Common Stock is traded on the National Market tier of The
Nasdaq Stock Market(SM) under the symbol "CBMD".
SOURCE Columbia Bancorp



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    CONTACT:
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    Bancorp, 410-465-4800
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