TENNANT RICHARD

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Buy signal Sell signal Earnings

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iBasis Inc (IBAS)

Transaction date 24 May 2004

Purchase

Price

172.93

Quantity 70,522 +34.1%

Value US$1,427,697

iBasis Inc (IBAS)

Transaction date 24 May 2004

Purchase

Price

88.12

Quantity 90,362 +29.5%

Value US$4,753,990

iBasis Inc (IBAS)

Transaction date 24 May 2004

Purchase

Price

311.13

Quantity 64,937 -49.4%

Value US$258,573

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