AMENDED AND RESTATED JOINT FILING AGREEMENT

Exhibit 12

AMENDED AND RESTATED JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, the persons named below agree to the joint filing on behalf of each of them of statements on Schedule 13D (including amendments thereto) with respect to the Common Stock of Cape Fear Bank Corp. and further agree that this Joint Filing Agreement (the “Agreement”) be included as an exhibit to such joint filing. In evidence thereof, the undersigned, being duly authorized, hereby execute this Agreement this March 26, 2008. The Agreement may be executed in two or more counterparts, any one of which need not contain the signatures of more than one party, but all such parts taken together will constitute a part of this Agreement.

Date: March 26, 2008.	By:	/s/ Xxxxxxx X. Xxxxx
		Xxxxxxx X. Xxxxx, Individually
Date: March 26, 2008.	By:	/s/ Xxxxxxx X. Xxxxx
		Xxxxxxx X. Xxxxx, Trustee of the Xxxxxxx and
		Xxx Xxxxx Charitable Trust
Date: March 26, 2008.	By:	/s/ Xxxxxxx X. Xxxxx
		Xxxxxxx X. Xxxxx, Chairman of the Board of
		the Xxxxxxx X. Xxxxx Foundation, Inc.
Date: March 26, 2008.	By:	/s/ Xxxxx X. Xxxxx III
		Xxxxx X. Xxxxx III, Individually
Date: March 26, 2008.	By:	/s/ Xxxxx Xxxxx
		Xxxxx Xxxxx, Individually
Date: March 26, 2008.	By:	/s/ Xxxxxx Xxxxx
		Xxxxxx Xxxxx, Individually
Date: March 26, 2008.	By:	/s/ Xxxxxxx Xxxxxxxx, Xx.
		Xxxxxxx Xxxxxxxx, Xx., Individually

Date: March 26, 2008.	By:	/s/ Xxxx Xxxxxxx
		Xxxx Xxxxxxx, Individually
Date: March 26, 2008.	By:	/s/ Xxxxx X. Xxxxxxxx
		Xxxxx X. Xxxxxxxx, Individually
Date: March 26, 2008.	By:	/s/ Miltom X. Xxxxx
		Miltom X. Xxxxx, Individually