United Western Bancorp Announces Delisting of Common Shares on NASDAQ

United Western Bancorp, Inc. (NASDAQ: UWBK) today announced that on January 24, 2011 the NASDAQ Stock Market, LLC advised the Company that shares of the Company's common stock would no longer be listed for trading on the NASDAQ Stock Market as of February 2, 2011 unless the Company files an appeal under applicable NASDAQ rules.

Trading in the Company's common stock was suspended by NASDAQ at the market open on January 24, 2011 due to the seizure of the Bank by the Federal Deposit Insurance Corporation on January 21, 2011. The seizure of the Bank by the FDIC was announced by the Company on January 21, 2011.