CommerceFirst Bancorp Files Registration Statements ANNAPOLIS, Md., Dec. 17 /PRNewswire-FirstCall/ -- CommerceFirst Bancorp, Inc. (OTC:CMFB) (BULLETIN BOARD: CMFB) , the bank holding company for CommerceFirst Bank, announced today that it has filed with the Securities and Exchange Commission registration statements in connection with proposed public offerings of its common stock. CommerceFirst Bancorp is offering of up to 175,000 shares of its common stock on a rights offering basis to shareholders of record on December 9, 2004. The subscription price in the rights offering is $10.50 per share. Eligible shareholders will be entitled to purchase one share of common stock for each 4.69 shares of common stock owned on the record date, and to oversubscribe. Any shares that are not subscribed for in the rights offering, plus an additional 525,000 shares, will be offered to the public on a best efforts basis by McKinnon & Company, Inc. as the underwriter. CommerceFirst Bancorp reserves the right, in its sole discretion, to increase the total number of shares offered in the public offering by not more than 105,000 shares. The price at which shares will be offered in the public offering has not yet been determined. The rights and public offerings are expected to close during the first quarter of 2005. Copies of the prospectus for the rights offering, when available, will be mailed to shareholders eligible to participate in the rights offering, or may be obtained from CommerceFirst Bancorp, Inc.: 1804 West Street, Annapolis, Maryland 21404; Attention: Lamont Thomas. Copies of the prospectus for the public offering, when available, may be obtained by contacting: McKinnon & Company, Inc., 555 Main Street, Norfolk, Virginia 23510, (757) 623-4636. Registration statements relating to these securities have been filed with the Securities and Exchange Commission but have not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. Forward Looking Statements. This press release includes forward looking statements within the meaning of Section 21(e) of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations and estimates as to prospective events and circumstances that may or may not be in the Company's control and as to which there can be no firm assurances given. These forward looking statements are subject to risks and uncertainties; there can be no assurance that any of these forward looking statements may prove to be correct and actual results may differ materially. These risks and uncertainties include, but are not limited to, the risks related to the Company's ability to complete the underwritten public offering registration. DATASOURCE: CommerceFirst Bancorp, Inc. CONTACT: Richard J. Morgan, President and Chief Executive Officer of CommerceFirst Bancorp, Inc., +1-410-280-6695 Web site: http://www.commerce1st.com/

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