PUTNAM DAVID WC

• 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
2004-07-28	2002-08-02	Principled Equity Market Fund (PEQKL)	B Purchase	92,417 +47.5% 175.20 US$332,288	92,417 +47.5%	175.20	US$332,288
2004-07-28	2002-08-02	Principled Equity Market Fund (PEQKL)	B Purchase	15,355 -25.7% 348.48 US$4,589,658	15,355 -25.7%	348.48	US$4,589,658