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United Bankshares, Inc. (UBSI) Yearly Returns

Year	Begining Price	Ending Price	Gain or Loss	Percent Gain or Loss
1988	33.50	30.00*	-3.50	-10.45%
1989	15.00	13.25	-1.75	-11.67%
1990	13.25	10.25	-3.00	-22.64%
1991	10.25	13.50	3.25	31.71%
1992	13.50	20.00	6.50	48.15%
1993	20.00	26.25	6.25	31.25%
1994	26.25	23.50	-2.75	-10.48%
1995	23.50	29.25	5.75	24.47%
1996	29.25	33.00	3.75	12.82%
1997	33.00	47.75	14.75	44.70%
1998	47.75	53.00*	5.25	10.99%
1999	26.50	23.875	-2.625	-9.91%
2000	23.875	21.25	-2.625	-10.99%
2001	21.25	28.86	7.61	35.81%
2002	28.86	29.061	0.201	0.70%
2003	29.061	31.19	2.129	7.33%
2004	31.19	38.15	6.96	22.31%
2005	38.15	35.24	-2.91	-7.63%
2006	35.24	38.65	3.41	9.68%
2007	38.65	28.02	-10.63	-27.50%

*The 1988 ending price for United Bankshares has been adjusted for a 2 for 1 stock split.
*The 1998 ending price for United Bankshares has been adjusted for a 2 for 1 stock split.