COOP Mr Cooper Group Inc

Frederick Willetts, III, Chairman and President of Cooperative Bankshares, Inc. (the �Company�), (NASDAQ:�COOP�) will be a guest speaker at the 13th Annual Community Bank Conference hosted by Howe Barnes Hoefer & Arnett, Inc. The conference is being held August 19th and 20th in Chicago, Illinois. Mr. Todd L. Sammons, Senior Vice President and Chief Financial Officer of the Company will also be a guest speaker. The presentation is scheduled for Tuesday, August 19th at 1:40 p.m., Central time and will focus on the Company�s performance and strategies. The presentation slides will be filed with the Securities and Exchange Commission prior to the start of the conference. The presentation will be accessible �live� during the conference on the following site: http://www.howebarnes.com. It will also be available on the Company�s website at: www.coop-bank.com until September 19, 2008. Cooperative Bankshares, Inc. is the parent company of Cooperative Bank. Chartered in 1898, Cooperative Bank provides a full range of financial services through 23 offices in Eastern North Carolina and three offices in South Carolina. Cooperative Bank�s subsidiary, Lumina Mortgage Company, Inc., is a mortgage banking firm, originating and selling residential mortgage loans through five offices in North Carolina.