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Stock Trading History of Carter Nicholas

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 Carter Nicholas since year 2005. The trader's CIK number is 1364279. At the time of this reporting, Carter Nicholas is the Executive Vice President of Arabian American Development Co . (stock ticker symbol ARSD). See this page for all insider trading activities at Arabian American Development Co .

Stock purchases, sales, and option exercises reported by insider *Carter Nicholas* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2008-05-16	ARSD	Arabian American Development Co	Purchase	1,100	4.65	5,115
2008-05-13	ARSD	Arabian American Development Co	Purchase	1,100	5.56	6,116
2008-01-09	ARSD	Arabian American Development Co	Purchase	700	7.00	4,900
2007-09-07	ARSD	Arabian American Development Co	Purchase	5,000	5.64	28,200

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 Carter Nicholas (Executive Vice President of Arabian American Development Co at the time of this reporting) see the Securities and Exchange Commission (SEC) website.