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Stock Trading History of Saratoga Management Co Llc

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Saratoga Management Co Llc since year 2005. The trader's CIK number is 1102904. At the time of this reporting, Saratoga Management Co Llc is the 10% Owner of Emeritus Corp\wa\ (stock ticker symbol ESC).

Stock purchases, sales, and option exercises reported by *Saratoga Management Co Llc* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-07-03	ESC	Emeritus Corp\\wa\\	Sale	500,000	29.17	14,585,500

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Saratoga Management Co Llc (10% Owner of Emeritus Corp\wa\ at the time of this reporting) see the Securities and Exchange Commission (SEC) website.