X0305 4 2012-05-10 0 0000914138 MIDDLEBURG FINANCIAL CORP MBRG 0001382921 LEE JOHN C IV 111 WEST WASHINGTON STREET MIDDLEBURG VA 22117 1 0 0 0 Common Stock 2012-05-10 4 P 0 12500 16.50 A 29856 D Weighted average purchase price for prices ranging from $16.27 to $16.70. 3 shares were purchased at each of the following prices: $16.27, $16.31, $16.36 and $16.44; 98 shares were purchased at $16.66 per share; 99 shares were purchased at $16.69 per share; 100 shares were purchased at each of the following prices: $16.46, $16.65 and $16.70; 104 shares were purchased at $16.42 per share; 185 shares were purchased at $16.45 per share; 200 shares were purchased at $16.67 per share; 402 shares were purchased at $16.48 per share; 1,112 shares were purchased at $16.49 per share; 2,021 shares were purchased at $16.47 per share; and 7,967 shares were purchased at $16.50 per share. John L. Brooks, Power of Attorney 2012-05-14