Grand Monarch Holdings Inc (none)

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

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Belmont Partners, LLC

President, CEO,CFO & Secretary

1 sale — total 100 USD

Sale 13 Feb 2008

Value US$3,897,832.45 | Price 354.10 | Shares 3,354

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
2008-02-14	2008-02-13	S Sale	Belmont Partners, LLC President, CEO,CFO & Secretary Executive Director Large shareholder	3,354 -32.1% 354.10 US$3,897,832	3,354 -32.1%	354.10	US$3,897,832

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