Stock Trading History of Ludwig David F

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 Ludwig David F since year 2005. The trader's CIK number is 1209495. At the time of this reporting, Ludwig David F is the GM, ARC Specialty Pr of Balchem Corp (stock ticker symbol BCP).

Stock purchases, sales, and option exercises reported by *Ludwig David F* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-06-18	BCP	Balchem Corp	Sale	7,250	18.05	130,880
2007-06-11	BCP	Balchem Corp	Sale	1,900	18.55	35,245
2007-06-08	BCP	Balchem Corp	Sale	2,100	18.55	38,955
2005-12-07	BCP	Balchem Corp	Sale	16,500	27.50	453,684
2005-12-01	BCP	Balchem Corp	Sale	2,400	28.20	67,680
2005-11-29	BCP	Balchem Corp	Sale	1,000	28.00	28,000
2005-11-25	BCP	Balchem Corp	Sale	3,000	28.10	84,300
2005-11-23	BCP	Balchem Corp	Sale	2,200	28.46	62,616
2005-09-14	BCP	Balchem Corp	Sale	7,100	31.53	223,877

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 Ludwig David F (GM, ARC Specialty Pr of Balchem Corp at the time of this reporting) see the Securities and Exchange Commission (SEC) website.