LCG HOLDINGS LLC

• 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
2004-10-04	2004-09-30	Maxxam Inc (MAXX)	B Purchase	31,134 +25.7% 281.69 US$576,722	31,134 +25.7%	281.69	US$576,722
2004-10-04	2004-09-30	Maxxam Inc (MAXX)	B Purchase	74,064 +38.9% 273.79 US$2,392,553	74,064 +38.9%	273.79	US$2,392,553
2004-07-06	2004-07-01	Maxxam Inc (MAXX)	B Purchase	12,229 -43.5% 309.10 US$1,255,224	12,229 -43.5%	309.10	US$1,255,224
2004-07-06	2004-07-01	Maxxam Inc (MAXX)	B Purchase	300 +0.0% 26.15 US$7,845	300 +0.0%	26.15	US$7,845
2004-07-06	2004-07-01	Maxxam Inc (MAXX)	B Purchase	100 +0.0% 26.40 US$2,640	100 +0.0%	26.40	US$2,640
2004-07-01	2004-06-29	Maxxam Inc (MAXX)	B Purchase	800 +0.1% 25.25 US$20,200	800 +0.1%	25.25	US$20,200
2004-07-01	2004-06-29	Maxxam Inc (MAXX)	B Purchase	1,900 +0.3% 24.95 US$47,405	1,900 +0.3%	24.95	US$47,405