TENNANT RICHARD

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Buy signal Sell 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
2004-05-25	2004-05-24	iBasis Inc (IBAS)	B Purchase	70,522 +34.1% 172.93 US$1,427,697	70,522 +34.1%	172.93	US$1,427,697
2004-05-25	2004-05-24	iBasis Inc (IBAS)	B Purchase	90,362 +29.5% 88.12 US$4,753,990	90,362 +29.5%	88.12	US$4,753,990
2004-05-25	2004-05-24	iBasis Inc (IBAS)	B Purchase	64,937 -49.4% 311.13 US$258,573	64,937 -49.4%	311.13	US$258,573