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Stock Trading History of Ulrich Rachel

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 Ulrich Rachel since year 2005. The trader's CIK number is 1396953. At the time of this reporting, Ulrich Rachel is the Executive Vice President of First Defiance Financial Corp (stock ticker symbol FDEF).

Stock purchases, sales, and option exercises reported by *Ulrich Rachel* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-06-11	FDEF	First Defiance Financial Corp	Sale	400	28.56	11,424

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 Ulrich Rachel (Executive Vice President of First Defiance Financial Corp at the time of this reporting) see the Securities and Exchange Commission (SEC) website.