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Stock Trading History of Watson Reed 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 Watson Reed A since year 2005. The trader's CIK number is 1380285. At the time of this reporting, Watson Reed A is the Sr. VP, Marketing of Capella Education Co (stock ticker symbol CPLA).

Stock purchases, sales, and option exercises reported by *Watson Reed A* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2006-11-15	CPLA	Capella Education Co	Purchase	250	20.00	5,000

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 Watson Reed A (Sr. VP, Marketing of Capella Education Co at the time of this reporting) see the Securities and Exchange Commission (SEC) website.