X0303 4 2011-05-12 0 0000914138 MIDDLEBURG FINANCIAL CORP MBRG 0001382921 LEE JOHN C IV 111 WEST WASHINGTON STREET MIDDLEBURG VA 22117 1 0 0 0 Common Stock 2011-05-12 4 P 0 6600 15.2546 A 16956 D Average weighted purchase price per share for prices ranging from $15.19 to $15.35. 200 shares were purchased at $15.27 per share; 645 shares were purchased at $15.35 per share; 1,000 shares were purchased at $15.20 per share; 1,100 shares were purchased at $15.25 per share; 1,555 shares were purchased at 15.19 per share; and 2,100 shares were purchased at $15.30 per share. /s/ Jeffrey H. Culver, Power of Attorney 2011-05-13