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Stock Trading History of Naouri Philippe

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 Naouri Philippe since year 2005. The trader's CIK number is 1325112. At the time of this reporting, Naouri Philippe is the President, Antik Denim, LLC of Blue Holdings, Inc. (stock ticker symbol BLHL).

Stock purchases, sales, and option exercises reported by *Naouri Philippe* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2005-12-02	BLHL	Blue Holdings, Inc.	Sale	170,000	3.00	510,000

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 Naouri Philippe (President, Antik Denim, LLC of Blue Holdings, Inc. at the time of this reporting) see the Securities and Exchange Commission (SEC) website.