SHEIFFER ARNOLD

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

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

Notification date	Transaction date	Company	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value	Details
2004-10-14	2004-09-13	Interep National Radio Sales Inc (IREP)	S Sale	80,348 +6.9% 467.36 US$923,663	80,348 +6.9%	467.36	US$923,663
2004-10-14	2004-08-12	Interep National Radio Sales Inc (IREP)	B Purchase	43,256 -40.4% 80.24 US$2,831,124	43,256 -40.4%	80.24	US$2,831,124