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C & F FINANCIAL CORP Director's Dealing 2007

May 7, 2007

33632_dirs_2007-05-07_224544b8-7bcb-4b98-b3c4-5edc793f1126.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: C & F FINANCIAL CORP (CFFI)
CIK: 0000913341
Period of Report: 2007-05-03

Reporting Person: CHERRY THOMAS F (Executive Vice President & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-05-03 C&F Financial Corporation Common Stock X 1600 $12.5 Acquired 5200 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-05-03 Common Stock Option (Right to Buy) $12.50 X 1600 Disposed 2007-12-16 C&F Financial Corporation Common Stock (1600) Direct