Niagara Corp (NGCN)

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Ticker: NGCN Exchange: PNK

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

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TANSILL DOUGLAS T

1 purchase — total 48,000 USD

Buy 21 Jul 2004

Value US$2,401,474.31 | Price 43.16 | Shares 60,630

SCHARF MICHAEL J

Chairman, President and CEO

1 purchase — total 52,475 USD

Buy 13 May 2004

Value US$886,527.92 | Price 351.49 | Shares 2,323

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
2004-07-23	2004-07-21	B Purchase	TANSILL DOUGLAS T	60,630 -46.6% 43.16 US$2,401,474	60,630 -46.6%	43.16	US$2,401,474
2004-05-14	2004-05-13	B Purchase	SCHARF MICHAEL J Chairman, President and CEO Executive Director Large shareholder	2,323 -48.4% 351.49 US$886,528	2,323 -48.4%	351.49	US$886,528

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