Vineyard National Bancorp Receives Letters From NASDAQ and AMEX Regarding Previously Announced Delay in 10-K Filing

Vineyard National Bancorp (NASDAQ: VNBC) (AMEX: VXC.PR.D) (the "Company") announced today that on April 2, 2008, the Company received a NASDAQ Staff Determination letter notifying the Company that its failure to timely file its Annual Report on Form 10-K for the period ending December 31, 2007 (the "Form 10-K") constitutes a failure to satisfy the filing requirement for continued listing under NASDAQ Marketplace Rule 4310(c)(14) and, therefore, trading in the Company's securities is subject to suspension and delisting unless the Company requests an appeal of the determination. The Company intends to file an appeal and request a hearing before a NASDAQ Listing Qualifications Panel (the "Panel") to review the determination. The hearing request will stay the suspension of trading and delisting of the Company's securities on The NASDAQ Global Select Market pending the issuance of the Panel's decision. However, there can be no assurance that the Panel will reverse the NASDAQ Staff Determination at the appeal hearing. The Company's common stock is listed on The NASDAQ Global Select Market.

On April 2, 2008, the Company also received a letter from The American Stock Exchange ("AMEX") advising the Company that its failure to timely file the Form 10-K constitutes a failure to satisfy the requirements of Sections 134 and 1101 of the AMEX Company Guide and is a material violation of the Company's listing agreement, and, therefore, trading in the Company's securities is subject to suspension and delisting unless the Company submits a plan ("Plan") to AMEX advising AMEX of action it has taken, or will take, that would bring the Company into compliance with Sections 134 and 1101 of the AMEX Company Guide. The Company intends to submit to AMEX a Plan to bring the Company into compliance with Sections 134 and 1101 of the AMEX Company Guide. If the AMEX Listings Qualifications Department accepts the Plan, the Company will remain listed during the period of the Plan, during which time the Company will be subject to periodic review to determine whether the Company is making progress consistent with the Plan. If the AMEX Listings Qualifications Department does not accept the Plan, the Company will be subject to delisting proceedings. The Company's 7.5% Series D Noncumulative Preferred Stock is listed on AMEX.