Exhibit 99



                                     [LOGO]



                     INDEPENDENT COMMUNITY BANKSHARES, INC.
                                TO CHANGE NAME TO
                        MIDDLEBURG FINANCIAL CORPORATION


MIDDLEBURG,  VIRGINIA,  (May 14, 2002) Independent  Community  Bankshares,  Inc.
(Nasdaq SmallCap: ICBX) will change its name to Middleburg Financial Corporation
effective May 15, 2002. At the same time, the Nasdaq  SmallCap stock symbol will
become MBRG.

 "We  didn't  just  grow  over the  past 8 years  since  we  formed  Independent
Community  Bankshares,  Inc. We changed our strategy and  direction.  Middleburg
Financial  Corporation reflects who we are; a financial services company focused
on  consistent  quality  service to our  clients,"  states Mr. Joseph L. Boling,
Chairman and CEO.

Independent  Community  Bankshares'  common stock currently trades on the Nasdaq
SmallCap Market under the symbol of ICBX. Independent Community Bankshares, Inc.
is   headquartered   in   Middleburg,   Virginia  and  has  three  wholly  owned
subsidiaries,  The  Middleburg  Bank,  The Tredegar  Trust  Company and Gilkison
Patterson Investment  Advisors,  Inc. The Middleburg Bank serves Loudoun County,
Virginia  with 5  branches.  The  Tredegar  Trust  Company is  headquartered  in
Richmond,  Virginia  with a branch  office  in  Middleburg,  Virginia.  Gilkison
Patterson  Investment  Advisors,  Inc.  (GPIA) is an investment  management firm
located in Alexandria,  Virginia.  Assets under  management by GPIA and Tredegar
currently exceed $1 billion.

Contact:  Joseph L. Boling, Chairman of the Board & CEO (540)-687-6377
            Alice P. Frazier, EVP & CFO (540)-687-4801