Greater Bay Bancorp First-Quarter 2007 Earnings Release to Be Rescheduled

  
    
  
  
    
      Greater Bay Bancorp (Nasdaq:GBBK), a financial services holding 
      company, announced that it will reschedule its first-quarter earnings 
      release originally set for May 3, 2007. The rescheduled date will be on 
      or before the filing date of the Company’s 
      Form 10-Q for the quarter ended March 31, 2007.
    
    
      About Greater Bay Bancorp
    
    
      Greater Bay Bancorp, a diversified financial services holding company, 
      provides community banking services in the greater San Francisco Bay 
      Area through the Greater Bay Bank, N.A. community banking organization, 
      including Bank of Petaluma, Coast Commercial Bank, Golden Gate Bank, 
      Mid-Peninsula Bank, Mt. Diablo National Bank, Peninsula Bank of Commerce 
      and Santa Clara Valley National Bank. Nationally, Greater Bay Bancorp 
      provides specialized leasing and loan services through its specialty 
      finance group, which includes Matsco, CAPCO and Greater Bay Capital. ABD 
      Insurance and Financial Services, the Company's insurance brokerage 
      subsidiary, provides commercial insurance brokerage, employee benefits 
      consulting and risk management solutions to business clients throughout 
      the United States.
    
    
      For additional information and press releases about Greater Bay Bancorp, 
      visit the Company's web site at http://www.gbbk.com.
    
    
      Safe Harbor
    
    
      This document may contain forward-looking statements that are subject 
      to risks and uncertainties that could cause actual results to differ 
      materially from those projected. For a discussion of factors that could 
      cause actual results to differ, please see the publicly available 
      Securities and Exchange Commission filings of Greater Bay Bancorp, 
      including its Annual Report on Form 10-K for the year ended December 31, 
      2006 and particularly the discussion of risk factors within such 
      documents.