First United Corporation

First United Corporation
shareholder information

Market Summary of Stock
First United Corporation’s common stock trades on The Nasdaq Stock MarketSM under the symbol FUNC. The following summary reflects the high and low trades during the period for the years ended December 31, 2006 and 2005.

Ferris, Baker Watts, Inc.
12 North Liberty Street
Cumberland, MD 21502
(301) 724-7161
(800) 776-0629

Ferris, Baker Watts, Inc.
113 South Potomac Street
Hagerstown, MD 21740
(301) 733-7111
(800) 344-4413

Scott & Stringfellow, Inc.
909 East Main Street
Richmond, VA 23219
(804) 782-8819
(800) 552-7757

Cash Dividends
Cash dividends were paid by the Corporation on the dates indicated in the following manner:

If you need assistance in any of the following areas:

change in registration
reporting lost certificates
non-receipt or loss of
dividend checks
information on the dividend
reinvestment plan

Please contact our transfer agent at:
   Mellon Investor Services, LLC
   P.O. Box 3315
   South Hackensack, NJ 07606
   www.melloninvestor.com/isd
   First United’s Direct Line:
   1-800-953-2593
   TDD for Hearing Impaired 800-231-5469

Foreign Shareowners:
(201) 680-6578
TDD Foreign Shareowners:
(201) 680-6610

S.E.C. Form 10-K
The Corporation files an annual report on Form 10-K with the Securities and Exchange Commission. A copy of this statement will be sent without charge to any shareholder who requests in writing to:

   Robert W. Kurtz, Secretary
   First United Corporation
   c/o First United Bank & Trust
   P.O. Box 9
   Oakland, MD 21550-0009

Shareholders’ Meeting
The annual shareholders’ meeting will be held on:
   Tuesday, April 24, 2007, 3:00 p.m.
   Wisp At Deep Creek Mountain Resort
   McHenry, MD 21541