X0202 4 2008-06-16 0 0001163389 NEW PEOPLES BANKSHARES INC NONE 0001264919 KILGORE FRANK PO BOX 1210 ST PAUL VA 24283 1 0 0 0 Common Stock 2008-06-16 4 M 0 2860 5.24 A 88660 D Common Stock 2008-06-16 4 M 0 2860 7.00 A 91520 D Common Stock 975 I As trustee for grandson, Adam Reed Scheerer Common Stock 975 I As trustee for granddaughter, Kennedy Grace Kilgore Common Stock 1950 I As trustee for grandson, David Bryce Kilgore Common Stock 1300 I As trustee for granddaughter, Suzanne Marlene Scheerer Stock Option 5.24 2008-06-16 4 M 0 2860 0 D 2002-01-01 2011-12-31 Common Stock 2860 0 D Stock Option 7.00 2008-06-16 4 M 0 2860 0 D 2003-01-01 2012-12-31 Common Stock 2860 0 D The exercise price and number of stock options have been adjusted for the 10% stock dividend granted on June 7, 2005 and the 13-for-10 stock split effected in the form of a stock dividend on September 4, 2007. /s/C. Todd Asbury, as Attorney in Fact for A. Frank Kilgore 2008-06-17