STAFFORD CHARLES M

• 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
2004-07-16	2004-07-15	Chattem Inc (CHTT)	S Sale	39,034 +6.7% 313.54 US$2,672,762	39,034 +6.7%	313.54	US$2,672,762
2004-07-16	2004-07-15	Chattem Inc (CHTT)	S Sale	82,348 +1.2% 293.55 US$1,909,083	82,348 +1.2%	293.55	US$1,909,083
2004-07-16	2004-07-15	Chattem Inc (CHTT)	S Sale	39,646 -43.6% 67.78 US$3,784,921	39,646 -43.6%	67.78	US$3,784,921