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Bracewell Represents WashingtonFirst in Acquisition of Alliance Bankshares

May 7, 2012

HOUSTON — Bracewell & Giuliani LLP is representing WashingtonFirst Bankshares, Inc. in its acquisition of Alliance Bankshares Corporation. The deal is valued at approximately $24.4 million, which WashingtonFirst will pay with a combination of cash and stock, and will be the largest acquisition by WashingtonFirst since its inception in 2004. In conjunction with the acquisition, WashingtonFirst has commitments for $20 million in additional equity capital from institutional investors, existing Board members, and other local investors.

The transaction is expected to close in the fourth quarter of 2012.

Bracewell attorneys who worked on the matter include:

Partners: John R. Brantley and G. Waverly Vest, Jr.

Associates: Jason M. Jean