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Stock Trading History of Sedlar Geraldine L.

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 Sedlar Geraldine L. since year 2005. The trader's CIK number is 1289684. At the time of this reporting, Sedlar Geraldine L. is the Director of Colvard Ltd (stock ticker symbol CTHR).

Stock purchases, sales, and option exercises reported by *Sedlar Geraldine L.* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2006-05-10	CTHR	Colvard Ltd	Purchase	1,000	11.17	11,170
2005-04-25	CTHR	Colvard Ltd	Purchase	1,000	17.17	17,170

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 Sedlar Geraldine L. (Director of Colvard Ltd at the time of this reporting) see the Securities and Exchange Commission (SEC) website.