CONIGLIARO ANTHONY S

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Arrow Resources Development Inc (ARWD)

Transaction date 17 May 2004

Purchase

Price

47.98

Quantity 14,742 +7.4%

Value US$2,714,305

Notification date	Transaction date	Company	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value	Details
2004-05-17	2004-05-17	Arrow Resources Development Inc (ARWD)	B Purchase	14,742 +7.4% 47.98 US$2,714,305	14,742 +7.4%	47.98	US$2,714,305