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Stock Trading History of Rosenbury Tim

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 Rosenbury Tim since year 2005. The trader's CIK number is 1211738. At the time of this reporting, Rosenbury Tim is the Director of Guaranty Federal Bancshares Inc (stock ticker symbol GFED).

Stock purchases, sales, and option exercises reported by *Rosenbury Tim* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2006-06-22	GFED	Guaranty Federal Bancshares Inc	Option Exercise	2,500	16.65	41,625
2006-03-23	GFED	Guaranty Federal Bancshares Inc	Option Exercise	5,000	16.65	83,250
2005-09-30	GFED	Guaranty Federal Bancshares Inc	Purchase	1,000	26.90	26,897

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 Rosenbury Tim (Director of Guaranty Federal Bancshares Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.