MICHAELS RANDALL F

• 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
2004-07-27	2004-07-26	Delta Financial Corp (dfc)	S Sale	79,019 +32.2% 31.38 US$4,206,696	79,019 +32.2%	31.38	US$4,206,696