MARBUT BOB

3.4

3.4

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

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Valero Energy Corp (VLO)

Transaction date 29 Apr 2004

Purchase

Price

239.52

Quantity 35,532 +47.4%

Value US$3,777,620

Valero Energy Corp (VLO)

Transaction date 28 Apr 2004

Purchase

Price

108.31

Quantity 27,952 +20.8%

Value US$3,829,552

Valero Energy Corp (VLO)

Transaction date 29 Mar 2004

Purchase

Price

464.95

Quantity 92,940 +49.1%

Value US$4,533,650

Notification date	Transaction date	Company	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value
2004-07-01	2004-04-29	Valero Energy Corp (VLO)	B Purchase	35,532 +47.4% 239.52 US$3,777,620	35,532 +47.4%	239.52	US$3,777,620
2004-07-01	2004-04-28	Valero Energy Corp (VLO)	B Purchase	27,952 +20.8% 108.31 US$3,829,552	27,952 +20.8%	108.31	US$3,829,552
2004-07-01	2004-03-29	Valero Energy Corp (VLO)	B Purchase	92,940 +49.1% 464.95 US$4,533,650	92,940 +49.1%	464.95	US$4,533,650