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Stock Trading History of Blake Paul

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 Blake Paul since year 2005. The trader's CIK number is 1209719. At the time of this reporting, Blake Paul is the Exec VP, Clin Res & Reg Aff of Cephalon Inc (stock ticker symbol CEPH).

Stock purchases, sales, and option exercises reported by *Blake Paul* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2006-02-17	CEPH	Cephalon Inc	Sale	6,938	74.53	517,075

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 Blake Paul (Exec VP, Clin Res & Reg Aff of Cephalon Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.