ARAD AVI

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Buy signal Sell 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
2004-05-20	2004-05-20	Marvel Entertainment Inc (MVL)	S Sale	68,029 +41.4% 401.02 US$2,960,442	68,029 +41.4%	401.02	US$2,960,442