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Stock Trading History of Lard Kenneth N

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 Lard Kenneth N since year 2005. The trader's CIK number is 1253189. At the time of this reporting, Lard Kenneth N is the Exe. VP-Sales & Operations of Triad Guaranty Inc (stock ticker symbol TGIC).

Stock purchases, sales, and option exercises reported by *Lard Kenneth N* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2006-08-31	TGIC	Triad Guaranty Inc	Sale	4,099	50.40	206,578

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 Lard Kenneth N (Exe. VP-Sales & Operations of Triad Guaranty Inc at the time of this reporting) see the Securities and Exchange Commission (SEC) website.