United Bankshares Declares Second Quarter Dividend

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Tue May 17, 2011 11:57am EDT

United Bankshares Declares Second Quarter Dividend

United Bankshares, Inc. (NASDAQ: UBSI), today announced that its Board of Directors declared a second quarter dividend of $0.30 per share for shareholders of record as of June 10, 2011.

The dividend payout of approximately $13.1 million on 43.6 million shares is payable July 1, 2011. The annualized 2011 dividend of $1.20 equates to a yield of approximately 5% based on recent UBSI market prices. United has increased its dividend to shareholders for 37 consecutive years.

United Bankshares, with $7.2 billion in assets, has 111 full-service offices in West Virginia, Virginia, Maryland, Ohio, and Washington, D.C. United Bankshares stock is traded on the NASDAQ Global Select Market under the quotation symbol "UBSI."

www.ubsi-inc.com

United Bankshares, Inc.
Steven E. Wilson, 800-445-1347 ext. 8704
Chief Financial Officer
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