Community Bankshares Inc. (SC) Announces New Chief Information Officer.

ORANGEBURG, S.C. -- Community Bankshares Inc. (AMEX:SCB), parent company of Community Resource Bank, N.A., announced that Jason Starnes has joined the company as Executive Vice President and Chief information Officer. His office is located at the bank's corporate headquarters in Orangeburg where he is responsible for strategic leadership, guidance and direction in all areas of bank technology.

Starnes is a 1998 graduate of the University of South Carolina with a BS in Management Information Systems. He holds numerous information technology certifications with Microsoft and Cisco Systems. Before his arrival at Community Resource Bank, Mr. Starnes served in various capacities at The South Financial Group, mostly recently as Director of Data Delivery. He is a native of Columbia and resides in Lexington, SC with his wife Stacey and young son Jackson.

Samuel L. Erwin, CEO of Community Bankshares, Inc., and Community Resource Bank, said, "I am very pleased to have someone of Jason's caliber join our team. During his career Jason has been a dynamic and strategic asset to his financial institution and we are delighted and privileged to have him as part of our growing bank. His insight, intellect and experience will be invaluable to us."

Community Bankshares, Inc.'s common stock is traded on the American Stock Exchange under the ticker symbol SCB.

This press release contains forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, and several factors could cause actual results to differ materially from those in the forward-looking statements. Forward-looking statements relate to anticipated revenues, gross margins, earnings and profitability, adequacy of the allowance for loan losses, the probability of future large provisions to the allowance for loan losses, expansion of mortgage services marketing, improvement of mortgage services efficiency, and growth of the market for our services and products. The following factors, among others, could cause actual results to differ from those indicated in the forward-looking statements: uncertainties associated with market acceptance of and demand for the company's services and products, impact of competitive products and pricing, dependence on third party suppliers, changes in the economic circumstances of borrowers, deteriorations of the economies of the markets in which the company's customers are located, and uncertainties associated with the development of technology. Investors are directed to the company's 2006 annual report, which is available from the company without charge or from its website, www.communitybanksharesinc.com, for a more complete description of the company's business.