EAGLE FINANCIAL SERVICES INC — Director's Dealing 2011

May 23, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EAGLE FINANCIAL SERVICES INC (EFSI)
CIK: 0000880641
Period of Report: 2011-05-20

Reporting Person: MILLESON JOHN R (Director, President/CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-20	Common Stock, $2.50 Par Value	D	300	—	Disposed	64468.923	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $2.50 Par Value	63.238	Indirect
Common Stock, $2.50 Par Value	350.441	Indirect
Common Stock, $2.50 Par Value	350.441	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$21.63	2013-10-01	Common Stock, $2.50 Par Value (4000)	2000	Direct
Stock Options	$21.55	2014-10-01	Common Stock, $2.50 Par Value (4000)	2000	Direct

Footnotes

F1: Includes shares of common stock which have been acquired through the Company's Dividend Investment Plan.

F2: This transaction reflects a disposition of shares under the Company's Stock Incentive Plan.