United Community Banks Announces Effectiveness of Reverse Stock Split

United Community Banks, Inc. UCBI today announced that the 1-for-5 reverse stock split of its common stock and non-voting common stock will become effective as of approximately 5 p.m. Eastern time on June 17, 2011 pursuant to an amendment to United's articles of incorporation filed with the Secretary of State of Georgia. Accordingly, as of the effective time, each 5 shares of United's common stock will be reclassified into 1 share of common stock, and each 5 shares of United's non-voting common stock will be reclassified into 1 share of non-voting common stock. The common shares will begin trading on an adjusted basis and under a new CUSIP number effective as of the opening of trading on the Nasdaq Global Select Market on Monday, June 20, 2011.