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Stock Trading History of Lebovitz Stephen D

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 Lebovitz Stephen D since year 2005. The trader's CIK number is 1220925. At the time of this reporting, Lebovitz Stephen D is the President and Secretary of Associates Properties Inc (stock ticker symbol CBL).

Stock purchases, sales, and option exercises reported by *Lebovitz Stephen D* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-11-21	CBL	Associates Properties Inc	Option Exercise	178,000	13.69	2,437,532
2007-01-04	CBL	Associates Properties Inc	Sale	32,000	42.71	1,366,720
2007-01-04	CBL	Associates Properties Inc	Option Exercise	32,000	12.05	385,600

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 Lebovitz Stephen D (President and Secretary of Associates Properties Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.