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Stock Trading History of Grayson Douglas S

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 Grayson Douglas S since year 2005. The trader's CIK number is 1203107. At the time of this reporting, Grayson Douglas S is the EVP-Development of Pennsylvania Real Estate Investment Trust (stock ticker symbol PEI).

Stock purchases, sales, and option exercises reported by *Grayson Douglas S* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-03-07	PEI	Pennsylvania Real Estate Investment Trust	Sale	423	43.56	18,425
2007-03-06	PEI	Pennsylvania Real Estate Investment Trust	Sale	5,000	43.93	219,635

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 Grayson Douglas S (EVP-Development of Pennsylvania Real Estate Investment Trust at the time of this reporting) see the Securities and Exchange Commission (SEC) website.