CRUMRINE DONALD 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
2004-05-10	2004-05-10	Flaherty & Crumrine Preferred and Income Securities Fund Inc (FFC)	B Purchase	47,163 -49.1% 243.46 US$4,420,498	47,163 -49.1%	243.46	US$4,420,498
2004-05-10	2004-05-10	Flaherty & Crumrine Preferred and Income Securities Fund Inc (FFC)	B Purchase	95,187 +14.6% 184.77 US$4,621,094	95,187 +14.6%	184.77	US$4,621,094