Elmer's Restaurants Inc (ELMS)

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Ticker: ELMS

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Activity signal Earnings

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SERVICE WILLIAM W

1 sale — total 6,770 USD

Sale 20 Feb 2004

Value US$335,254.21 | Price 213.07 | Shares 95,718

DAVIS BRUCE N

President & CEO

1 sale — total 239,543 USD

Sale 20 Jan 2004

Value US$1,735,372.70 | Price 68.38 | Shares 69,541

Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other

Notification date	Transaction date	B/S Transaction type	Insider and/or position	Nb. shares Price Value	Number of shares	Price	Value	Details
2004-02-24	2004-02-20	S Sale	SERVICE WILLIAM W	95,718 -33.3% 213.07 US$335,254	95,718 -33.3%	213.07	US$335,254
2004-01-22	2004-01-20	S Sale	DAVIS BRUCE N President & CEO Executive Director	69,541 +10.1% 68.38 US$1,735,373	69,541 +10.1%	68.38	US$1,735,373

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