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Stock Trading History of Stewart William

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 Stewart William since year 2005. The trader's CIK number is 1104060. At the time of this reporting, Stewart William is the Director of Pinnacle West Capital Corp (stock ticker symbol PNW).

Stock purchases, sales, and option exercises reported by *Stewart William* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2006-05-12	PNW	Pinnacle West Capital Corp	Sale	10,000	39.43	394,300

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 Stewart William (Director of Pinnacle West Capital Corp at the time of this reporting) see the Securities and Exchange Commission (SEC) website.