MUNICIPAL ADVANTAGE FUND INC (MAF)

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Ticker: MAF

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

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KOEPFGEN BRUCE L

Management Board

1 purchase — total 99,881 USD

Buy 16 Aug 2006

Value US$2,231,874.02 | Price 54.36 | Shares 73,891

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
2006-08-17	2006-08-16	B Purchase	KOEPFGEN BRUCE L Management Board	73,891 -15.7% 54.36 US$2,231,874	73,891 -15.7%	54.36	US$2,231,874

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