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Stock Trading History of Witzel Horst

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 Witzel Horst since year 2005. The trader's CIK number is 1209722. At the time of this reporting, Witzel Horst is the Director of Cephalon Inc (stock ticker symbol CEPH).

Stock purchases, sales, and option exercises reported by *Witzel Horst* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2006-02-21	CEPH	Cephalon Inc	Sale	60,000	74.12	4,447,457
2006-02-21	CEPH	Cephalon Inc	Option Exercise	60,000	54.29	3,257,200

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 Witzel Horst (Director of Cephalon Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.