-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WyilAyew+m+x6rJoKZwEE/KvorOHlPVRKaHQP9g8G2/rexjDcNEux/yz2HwpTLhT
 wEqa0R+ech1pg15OuMHg/Q==

<SEC-DOCUMENT>0001002105-08-000263.txt : 20080807
<SEC-HEADER>0001002105-08-000263.hdr.sgml : 20080807
<ACCEPTANCE-DATETIME>20080807155218
ACCESSION NUMBER:		0001002105-08-000263
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080807
FILED AS OF DATE:		20080807
DATE AS OF CHANGE:		20080807

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MIDDLEBURG FINANCIAL CORP
		CENTRAL INDEX KEY:			0000914138
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				541696103
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		111 W WASHINGTON ST
		STREET 2:		C/O MIDDLEBURG BANK
		CITY:			MIDDLEBURG
		STATE:			VA
		ZIP:			22117
		BUSINESS PHONE:		5406876377

	MAIL ADDRESS:	
		STREET 1:		111 WEST WASHINGTON STREET
		STREET 2:		C/O MIDDLEBURG BANK
		CITY:			MIDDLEBURG
		STATE:			VA
		ZIP:			22117

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INDEPENDENT COMMUNITY BANKSHARES INC
		DATE OF NAME CHANGE:	19931027

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SHOOK GARY ROSS
		CENTRAL INDEX KEY:			0001243334

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24159
		FILM NUMBER:		08998451

	MAIL ADDRESS:	
		STREET 1:		10 COURTHOUSE SQUARE
		CITY:			WARRENTON
		STATE:			VA
		ZIP:			20188
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>f4gs080708_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-08-07</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000914138</issuerCik>
        <issuerName>MIDDLEBURG FINANCIAL CORP</issuerName>
        <issuerTradingSymbol>MRBG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001243334</rptOwnerCik>
            <rptOwnerName>SHOOK GARY ROSS</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10 COURTHOUSE SQUARE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WARRENTON</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>20188</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-08-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>140</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>18.725</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>740</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>/s/ Kathleen J. Chappell, Attorney-In-Fact for Gary Shook</signatureName>
        <signatureDate>2008-08-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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