Union First Market Bankshares Adopts Notice and Access

RICHMOND, Va., March 11, 2011 /PRNewswire/ -- Union First Market Bankshares Corporation today announced that it has adopted Notice and Access for its proxy materials and annual report.  

(Logo: http://photos.prnewswire.com/prnh/20091027/NE00206LOGO )

Notice and Access provides publicly traded companies the option of furnishing proxy materials to shareholders by posting them on an Internet web site and providing shareholders with notice of the electronic availability of the proxy materials.  The proxy for the 2011 annual meeting and the 2010 Annual Report on Form 10-K were recently filed with the Securities and Exchange Commission ("SEC").  Notice and Access also provides an option for shareholders to request a printed copy of the annual report and proxy materials.  

"Union made a commitment to reduce the environmental impact of its operations, which included opening a LEED-certified operations center in Ruther Glen in 2007.  Now, by moving to Notice and Access, we are able to eliminate printing and mailing at least one million pages of materials," stated G. William Beale, chief executive officer of Union First Market Bankshares.

Beale continued, "I have answered some commonly asked questions about our company and provided the management perspective of the 2010 fiscal year.  The 2010 management perspective is available exclusively on our web site at http://bankatunion.com/perspective."

ABOUT UNION FIRST MARKET BANKSHARES CORPORATION

Headquartered in Richmond, Union First Market Bankshares Corporation (Nasdaq: UBSH) is the holding company for Union First Market Bank, which has 90 branches and more than 150 ATMs throughout Virginia.  Non-bank affiliates of the holding company include: Union Investment Services, Inc., which provides full brokerage services; Union Mortgage Group, Inc., which provides a full line of mortgage products; and Union Insurance Group, LLC, which offers various lines of insurance products.  Union First Market Bank also owns a non-controlling interest in Johnson Mortgage Company, LLC.

Additional information is available on the Company's web site at http://investors.bankatunion.com.

SOURCE Union First Market Bankshares Corporation

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