KAVOUNIS ANDREW G

2.3

2.3

• 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
2006-02-13	2006-02-09	Smith-Midland Corp (SMID)	S Sale	51,863 -1.3% 205.95 US$1,427,371	51,863 -1.3%	205.95	US$1,427,371
2006-02-13	2006-02-09	Smith-Midland Corp (SMID)	S Sale	84,008 +37.2% 301.82 US$2,265,605	84,008 +37.2%	301.82	US$2,265,605
2006-02-13	2006-02-09	Smith-Midland Corp (SMID)	S Sale	19,803 +4.3% 338.79 US$2,880,583	19,803 +4.3%	338.79	US$2,880,583