WASHINGTON, DC and CHARLESTON, WV-- United Bankshares, Inc. (NASDAQ: UBSI) today announced that its Board of Directors declared a first quarter 2007 dividend of 28¢ per share for shareholders of record as of March 9, 2007. This is a 4% increase over the 27¢ paid in the first quarter of 2006.

The dividend payout of approximately $11.5 million on 41.0 million shares is payable April 2, 2007. The year 2007 is expected to be the 34th consecutive year of dividend increases to United shareholders. The annualized 2007 dividend of $1.12 equates to a yield of approximately 3% based on recent UBSI market prices.

United Bankshares, with $6.7 billion in assets, has 90 full-service offices in West Virginia, Virginia, Maryland, Ohio, and Washington, D.C. United Bankshares stock is traded on the NASDAQ Global Select Market System under the quotation symbol "UBSI".