DAVIDSON MICHAEL D

• 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
2004-07-21	2004-07-21	Calmare Therapeutics Inc (CTTC)	B Purchase	96,817 +42.2% 70.35 US$272,149	96,817 +42.2%	70.35	US$272,149
2004-07-21	2004-07-21	Calmare Therapeutics Inc (CTTC)	B Purchase	905 +10.9% 406.83 US$4,097,901	905 +10.9%	406.83	US$4,097,901
2004-07-21	2004-07-21	Calmare Therapeutics Inc (CTTC)	B Purchase	65,858 -47.1% 334.78 US$3,713,888	65,858 -47.1%	334.78	US$3,713,888