<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>uni10-99.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
                                                              Exihibit 99.1

                            FOR IMMEDIATE RELEASE

             Union Bankshares announces Stock Repurchase Program

Morrisville, VT  November 18, 2005 - Union Bankshares, Inc. (AMEX - UNB),
headquartered in Morrisville, Vermont, today announced a stock repurchase
program.  The Board of Directors has authorized the repurchase of up to
$2,150,000 in common stock.  Total repurchases under the plan may not
exceed 100,000 shares, or approximately 2.2% of the Company's outstanding
shares.  Shares may be repurchased from time to time at management's
discretion, in the open market or in privately negotiated transactions as
conditions warrant.  The repurchase program is open for an unspecified
period of time.

As of November 18 there were 4,557,663 shares of the Company's common stock
outstanding.

For more information, please contact JoAnn Tallman or Ken Gibbons at Union
Bankshares, Inc. at 802-888-6600.

Union, with headquarters in Morrisville, Vermont is the bank holding
company parent of Union Bank, which offers deposit, loan, trust and
commercial banking services throughout northern Vermont.  As of September
30, 2005, the Company had approximately $377 million in consolidated assets
and operated 12 banking offices, 30 ATM facilities in Vermont and loan
origination offices in St. Albans, Vermont and Littleton, New Hampshire.

Statements made in this press release that are not historical facts are
forward-looking statements.  Investors are cautioned that all forward-
looking statements necessarily involve risks and uncertainties, and many
factors could cause actual results and events to differ materially from
those contemplated in the forward-looking statements.  When we use any of
the words "believes," "expects," "anticipates" or similar expressions, we
are making forward-looking statements.  The following factors, among
others, could cause actual results and events to differ from those
contemplated in the forward-looking statements:  uncertainties associated
with general economic conditions; changes in the interest rate environment;
inflation; political, legislative or regulatory developments; acts of war
or terrorism; the markets' acceptance of and demand for the Company's
products and services; technological changes, including the impact of the
internet on the Company's business and on the financial services market
place generally; the impact of competitive products and pricing; and
dependence on third party suppliers.  For further information, please refer
to the Company's reports filed with the Securities and Exchange Commission
at www.sec.gov.


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