Yadkin Valley Financial and American Community Remind Shareholders of the Importance of Voting for the Proposed Merger

Market Wire, April, 2009

On April 1, 2009, Yadkin Valley Financial Corporation (NASDAQ: YAVY) and American Community Bancshares, Inc. (NASDAQ: ACBA) filed with the Securities and Exchange Commission (the "SEC") a supplement to their joint proxy statement/prospectus. Shareholders who have not yet received a supplement may obtain a copy online at http://www.yadkinvalleybank.com under "Documents" within the Investor Relations section or American Community's website at http://www.americancommunitybank.com under "About Us/Investor Relations/SEC Filings." Copies may also be obtained on the SEC's internet site at ( http://www.sec.gov ). The supplement confirms the recommendation, by a nine-to-five vote, of Yadkin Valley's board of directors that Yadkin Valley shareholders approve Yadkin Valley's proposed merger with American Community and confirms the unanimous recommendation of American Community's board of directors that American Community's shareholders do likewise.

The Yadkin Valley shareholders meeting, originally scheduled for 10:00 a.m. on February 26, 2009, was adjourned and will be reconvened at the Holiday Inn located at 1713 NC 67 Highway, Jonesville, North Carolina, on April 16, 2009 at 3:00 p.m., local time.

The American Community shareholders meeting, originally scheduled for 3:00 p.m. on February 26, 2009, was adjourned and will be reconvened at 2593 West Roosevelt Boulevard, Monroe, North Carolina, on April 16, 2009 at 10:00 a.m., local time.

Both Yadkin Valley and American Community wish to remind shareholders that if they have voted, and do not wish to change their vote, no further action is required. If shareholders have not yet voted, whether or not they plan to attend the special shareholders' meeting, they are encouraged to complete, sign, date, and return their proxy card, or such other document as their broker instructed them to use if their shares are held in "street name." If shares are held with a broker or bank, shareholders can also vote by telephone or the internet by following the instructions sent to them by their broker or bank.

American Community record shareholders wishing to change their vote may revoke their proxy at any time before it is voted by giving written notice of revocation to American Community's Secretary, or by filing a properly executed proxy of a later date with American Community's Secretary, at or before the reconvened meeting.

Yadkin Valley record shareholders wishing to change their vote may revoke their proxy at any time before it is voted by giving written notice of revocation to Yadkin Valley's Secretary, or by filing a properly executed proxy of a later date with Yadkin Valley's Secretary, at or before the reconvened meeting.

Record shareholders of either American Community or Yadkin Valley wishing to change their vote may also revoke their proxy by attending and voting their shares in person at the respective special shareholders' meeting. Attendance at the meeting alone will not revoke a shareholder's proxy; rather, a shareholder must also vote at the meeting in order to revoke a previously submitted proxy. If shares are held in "street name" by a broker or bank, the shareholder must follow the directions they receive from their broker to change or revoke their proxy, and are encouraged to contact their broker or bank if they have any questions or need assistance.

Additional proxy cards or copies of the original joint proxy statement/prospectus can be obtained, without charge, by directing a request to William A. Long, President and CEO, Yadkin Valley Financial Corporation, 209 North Bridge Street, Elkin, North Carolina 28621-3404, (336-526-6300), or to Randy P. Helton, President, CEO, and Chairman, American Community Bancshares, Inc., 4500 Cameron Valley Parkway, Suite 150, Charlotte, NC 28211, (704-225-8444).

Additional Information About the Merger and Where to Find It

In connection with the proposed merger, Yadkin Valley and American Community filed with the Securities and Exchange Commission (the "SEC") a registration statement on Form S-4 containing a definitive joint proxy statement/prospectus. The Form S-4 was declared effective by the SEC on January 16, 2009. In addition, a supplement to the joint proxy statement/prospectus was filed on April 1, 2009. Each of Yadkin Valley and American Community may also file with the SEC other documents regarding the proposed merger. Shareholders may obtain a free copy of the joint proxy statement/prospectus and the supplement to the joint proxy statement/prospectus, as well as other filings containing information about Yadkin Valley and American Community, at the SEC's internet site ( http://www.sec.gov ). Copies of the joint proxy statement/prospectus, the supplement to the joint proxy statement/prospectus and the filings with the SEC that will be incorporated by reference in the joint proxy statement/prospectus can also be obtained, without charge, by directing a request to William A. Long, President and CEO, Yadkin Valley Financial Corporation, 209 North Bridge Street, Elkin, North Carolina 28621-3404, (336-526-6300), or to Randy P. Helton, President, CEO, and Chairman, American Community Bancshares, Inc., 4500 Cameron Valley Parkway, Suite 150, Charlotte, NC 28211, (704-225-8444), or by accessing Yadkin Valley's website at http://www.yadkinvalleybank.com under "Documents" within the Investor Relations section or American Community's website at http://www.americancommunitybank.com under "About Us/Investor Relations/SEC Filings."