Item 5.03 Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year.

(a) Amendment to Articles of Incorporation.

On June 16, 2009, Shore Bancshares, Inc. (the "Company") filed Articles Supplementary with the State Department of Assessments and Taxation of Maryland for the purpose of reclassifying 25,000 shares of its authorized but unissued Fixed Rate Cumulative Perpetual Preferred Stock, Series A as 25,000 shares of its common stock. The Articles Supplementary, which are attached hereto as Exhibit 3.1 and incorporated herein by reference, are considered a part of the Company's charter.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The exhibits filed or furnished with this report are listed on the Exhibit Index which immediately follows the signatures hereto and is incorporated herein by reference.