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Stock Trading History of Stougaard Gary A

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 Stougaard Gary A since year 2005. The trader's CIK number is 1306264. At the time of this reporting, Stougaard Gary A is the EVP - Chief Investment Officer of Sunstone Hotel Investors, Inc. (stock ticker symbol SHO).

Stock purchases, sales, and option exercises reported by *Stougaard Gary A* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2006-10-26	SHO	Sunstone Hotel Investors, Inc.	Option Exercise	13,815	.00	0

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 Stougaard Gary A (EVP - Chief Investment Officer of Sunstone Hotel Investors, Inc. at the time of this reporting) see the Securities and Exchange Commission (SEC) website.