Stock Trading History of Kowalczyk Barbara S

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 Kowalczyk Barbara S since year 2005. The trader's CIK number is 1228934. At the time of this reporting, Kowalczyk Barbara S is the SVP CP&D of Lincoln National Corp (stock ticker symbol LNC).

Stock purchases, sales, and option exercises reported by *Kowalczyk Barbara S* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-06-22	LNC	Lincoln National Corp	Option Exercise	28,000	44.93	1,258,040
2007-06-14	LNC	Lincoln National Corp	Sale	5,469	72.16	394,643
2007-04-27	LNC	Lincoln National Corp	Option Exercise	12,682	60.70	769,860
2006-11-15	LNC	Lincoln National Corp	Option Exercise	13,000	29.47	383,110
2006-02-22	LNC	Lincoln National Corp	Option Exercise	13,000	29.47	383,110

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 Kowalczyk Barbara S (SVP CP&D of Lincoln National Corp at the time of this reporting) see the Securities and Exchange Commission (SEC) website.