Temecula Valley Bancorp Inc. announced today, relative only to the trust preferred securities (NASDAQ: TMPR) issued by its subsidiary, Temecula Valley Statutory Trust VI (�TRUP VI�), the receipt of a letter dated March 23, 2009 from the Listing Qualifications Staff of The NASDAQ Stock Market LLC (�Staff�) indicating that the trading price of the TRUP VI securities has resulted in non-compliance with the $1,000,000 minimum market value of listed securities requirement set forth in NASDAQ Marketplace Rule 4450(c)(1).

This notification does not relate, in any way, to the common stock of Temecula Valley Bancorp Inc. (�Company�).

Moreover, there is no change in the trading of the TRUP VI securities on NASDAQ Global Market at this time except that the Staff letter stated that an indicator will be displayed with quotation information related to the TRUP VI securities. The Staff advised that compliance can be regained if, at any time before June 22, 2009, the market value of the TRUP VI securities is $1,000,000 or more for a minimum of 10 consecutive trading days.

If compliance is not regained by June 22, 2009, the Staff will send notification that the TRUP VI securities will be delisted. However, the Staff�s determination to delist the TRUP VI securities can be appealed to a Listing Qualifications Panel. During any appeal process, the TRUP VI securities would continue to trade on The NASDAQ Global Market. However, if the Company does not believe that it will be able to regain compliance with NASDAQ Marketplace Rule 4450(c)(1), the Company will not appeal the decision.

Statements concerning future performance, developments, or events concerning expectations for market performance, stock prices and market forecasts, and any other guidance on future periods, constitute forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, the ongoing significant economic downturn, the stagnant capital markets, the regulatory environment, financial policies of the U.S. government, the effect of interest rate changes, the ability to control costs and expenses and the impact of failures and consolidation in the banking industry. Additional information on these and other factors that could affect financial results are included in the filings made with the Securities and Exchange Commission by the Company including its Form 10-K for 2008. The Company undertakes no obligation to update forward-looking statements, whether as a result of new information, future events, or otherwise.

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