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Stock Trading History of Kanders & Company, Inc.

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 Kanders & Company, Inc. since year 2005. The trader's CIK number is 1414033. At the time of this reporting, Kanders & Company, Inc. is the 10% Owner of Highlands Acquisition Corp (stock ticker symbol HIA.U).

Stock purchases, sales, and option exercises reported by *Kanders & Company, Inc.* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2007-10-09	HIA.U	Highlands Acquisition Corp	Purchase	500,000	10.00	5,000,000

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 Kanders & Company, Inc. (10% Owner of Highlands Acquisition Corp at the time of this reporting) see the Securities and Exchange Commission (SEC) website.