YEID I%1 NOVEL DENIM HOLDINGS LTD NVLD MRGN 29.650 11.7000 346.905 NEWELL RUBBERMAID INC NWL SHRT -1.700 27.5700 -46.869 -1.428 3.0468 NAUTICA ENTERPRISES INC NAUT MRGN 16.200 12.7900 207.198 NIKE INC-CI. B NKE SHRT -800 56.2400 -44.992 -384 0.8535 NORDSTROM INC JWN SHRT -12,100 20.2300 -

inued) SETTLEMENT DATE TRADE DATE TRANSACTION DESORPTION SYMBOL/CUSP CUMIN/ PHCE DEBIT AMOUNT CrECrT Arriover 11/26/01 11/20101 BOUGHT NAUTICA ENTERPRISES INC NAUT 2,200 13.99670 30,807.74 EXECUTION BY SBSH 11/26/01 11/20/01 SOLD SKECHERS USA INC -1,300 13.89310 17,967.42 CL A EXECUTION BY BUC

09/12/01 09/07/01 SOLD KOHLS CORP KSS -700 51.20500 35.778.30 EXECUTION BY RSSF COMMISSION 49.00 SEC FEE 1.20 09/12/01 09/07/01 SOLD NAUTICA ENTERPRISES INC NAUT -4,000 13.51800 54,055.19 EXECUTION BY MONT SEC FEE 1.81 09/12/01 09/07/01 SOLD OSHKOSH B GOSH INC CL A GOSHA -500 28.70000 14,33

inued) SETTLEMENT TRADE DATE DATE TRANSACTION OESCRIPTION SY1.10011CUSIP GUMMY PRICE DEBIT AMOUNT CREW AMOUNT 08/31/01 08/28/01 BOUGHT NAUTICA ENTERPRISES INC NAUT 1,700 14.20500 24,163.50 EXECUTION BY JPHO 08/31/01 08/28/01 BOUGHT PACIFIC SUNWEAR OF CALIFORNIA eC PSUN 1,300 16.89000 21,972.00

9.305 MAY DEPARTMENT STORES CO MAY SHRT -1,450 33.2100 -48.155 -1.363 2.8304 NOVEL DENIM HOLDINGS LTD NVLD MRGN 27,150 11.0500 300.008 NAUTICA ENTERPRISES INC NAUT MRGN 30.800 19.9300 613.844 NIKE INC-CL B NICE SHRT -1,400 43.4800 -60.872 -672 1.1040 NORDSTROM INC JWN SHRT -2,200 18.5500

29.9380 125,740 NOVEL DENIM HOLDINGS LTD NVLD MRGN 27,150 9.2500 251,138 NEIMAN-MARCUS GROUP INC NMGA SHRT 4,350 32.6000 -141.810 CL A NAUTICA ENTERPRISES INC NAUT MRGN 26,350 17.9380 472.666 NORDSTROM INC JWN SHRT -2,600 16.2800 -42,3251 -936 2.2113 POLO RALPH LAUREN CORP-CL A RL MRGN 15,5

D STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK COMMISSION 78.00 SEC FEE .93 KV/0 -1,300 21.25000 27,531.07 01/16/01 01/10/01 BOUGHT NAUTICA ENTERPRISES INC EXECUTION BY NITE NAUT 1,500 15.18750 22,796.25 01/16/01 01/10/01 BOUGHT NAUTICA ENTERPRISES INC EXECUTION BY TUCK NAUT 5.100 14.64340 74

wain 12103/01 11/28/01 BOUGHT JONES APPAREL GROUP INC WV 700 30.71920 21.560.44 EXECUTION BY BUCK COMMISSION 42.00 12/03/01 11/2901 80 NAUTICA ENTERPRISES INC NAUT 2.400 12.88000 30.927.00 EXECUTION BY RSV SKECHERS USA INC CE A EXECUTCN BY BUCK COMPASSION 10..00 SEC FEE .77 TALBOTS INC EXECUTE

C HOTT 1,800.00 28.9200 48471.00 12/03/01 11/28/01 BOUGHT JONESAPPMEL GROUP INC R1Y 700.00 30.7192 21.560.44 12/03/01 11/28/01 BOUGHT NAUTICA ENTERPRISES INC NAUT 2.403.00 12.8800 30.927.00 12/03101 11128/01 SOLD SKECHERS USA INC SIOC -1,800.00 12.8252 22,961.59 CL A 12103/01 11/28/01 BOUGH

2.35 DICLMON BY RSSF SEC FEE 3.29 K-SWISSPIC-CL A DECUTION BY WIC SEC FEE .94 KOHIS CORP DICUTON BY PSSE COMNIS,SION 49.00 SEC FEE 1.20 NAUTICA ENTERPRISES INC EXECUTION BY MONT SEC FEE 1.81 OSHKOSH B GOSH INC CL A DECUTION SY NITE SEC FEE .48 cenabi 09107101 Una (WA ttr -3.300 3.08000 9,983.56

9.305 MAY DEPARTMENT STORES CO MAY SURT .1.450 33.2100 .48.155 4.363 2.8304 NOVEL DENIM HOLDINGS LTD NUM] /ARGN 27.150 11.0500 300.008 NAUTICA ENTERPRISES INC NAVE MRGN 30.800 19.9300 613.844 Nita INC-CL B NKE SURT .1.400 43.4800 -60.872 4372 1.1040 NORDSTROM INC INN SURT -2.200 18.5500 -

29.9380 125.740 NOVEL DENIM MOLDINGS LTD MAD MRGN 27.150 9.2500 251.138 NEIMAN-MARCUS GROUP INC NMGA SNRT -4.350 32.60@ -111.810 Ct A NAUTICA ENTERPRISES INC NAVE MRGN 26.350 17.9380 472.666 NORDSTROM INC SHRT -2.600 16.2800 42228 -936 2.2113 POLO RALPH LAUREN CORP-CL A RL MRGN 15.500 27.5

NTERPRISES INC NWT 1.500 15.18750 22.796.25 EXECUTION BY NITE 01116/01 01/10/01 BOUGHT 01/18/01 01/10101 BOUGHT 01/16/01 01110,01 SOLD NAUTICA ENTERPRISES INC NAM 5,100 14.84340 74,696.34 EXECUTION BY TUCK PACIFIC SUNWEAR OF CALIFORNIA CCECUTKIN BY RSSF SEC FEE 2.27 QUTKSILVER INC EXECUTION BY BU

00 31.69780 37.451.74 EXECUTION BY MT VS 100 *3.3101. 300 09-04-01. 600 08-013-01 COMMISSION 30.00 SEC FEE 1.06 72/27/01 12/21101 BOUGHT NAUTICA ENTERPRISES INC NAuf 300 13.00000 3.9 5.00 EXECUTION BY MONT VS 300 12-21-01 72727/01 12/21/01 BOUGHT SKECHERS USA INC Sla 400 13.15730 5,30 .92 CL A

h7A)1 07/24/01 SOLD U2 CUUBORNE INC lrt -200 53.71000 10.712.64 EXECUTION BY GOWN COMMISSION 14.00 SIC FEE .36 07/27/01 07/24/01 SOLD NAUTICA ENTERPRISES INC MUT .100 15.50000 1,534.94 EXECUTION BY MONT SEC FEE .06 07/27701 0724/01 NIKE INC-CL B NICE 700 46.25000 32,439.00 EXECUTION BY TUCX

SH 4,900 14.1000 69.090 MASCO CORP MAS CASH 700 24.5000 17.150 378 2.2041 NOVEL DENIM HOLDINGS LTD NVLD CASH 11.550 11.7000 135,135 NAUTICA ENTERPRISES INC NAUT CASH 12.7900 84,414 POLO RALPH LAUREN CORP-Cl. A RL CASH 12,700 26.7600 339,852 PACIFIC SUNWEAR OF CALIFORNIA PSUN CASH 3,100 20.

INET COMMISSION 12,00 SEC FEE ,56 CHRISTOPHER 8 BANKS CORP EXECUTION BY SLKC L tthEt$1414 EXECUTION BY COWN COMMISSION 14,00 SEC FEE .36 NAUTICA ENTERPRISES INC EXECUTION BY MOM SEC FEE .06 NIKE INC-CL B EXECUTION BY TUCK COMMISSION 49,00 RADIOSHACX CORP EXECUTION BY BUCK COMMISSION 18,00 SEC FEE ,

MRGN 2.100 15.5630 32.682 MICHAELS STORES INC MIKE MRGN 1,900 29.9380 56.882 NOVEL DENIM HOLDINGS LTD NVLD MRGN 11,550 9.2500 106.838 NAUTICA ENTERPRISES INC NAUT MRGN 11,500 17.9380 206,287 POLO RALPH LAUREN CORP-CL A RL MRGN 6,550 27.5000 180,125 PACIFIC SUNWEAR OF CALIFORNIA PSUN MRGN 5,6

25,725 CL A MASCO CORP MAS CASH 8.200 24.5000 200.900 4.428 2.2041 NOVA CHEMICALS CORP NCX CASH 8.600 19.2700 165.722 1.361 0.8213 NAUTICA ENTERPRISES INC NAUT CASH 2.600 12.7900 33.254 NORFOLK SOUTHERN CORP NSC CASH 14.100 18.3300 258.453 3.384 1.3093 PEREGRINE SYSTEMS INC PRGN CASH 7.

.00000 31.30600 EXECUTION BY COWN COMMISSION 91.00 EDISON INTERNATIONAL EIX 6.200 12.96000 80,801.00 EXECUTION BY COWN COMMISSION 434,00 NAUTICA ENTERPRISES INC NAUT -1,000 19.10250 19.086.86 EXECUTION BY SI3SH SEC FEE .64 COMCAST CORP-SPECIAL CL A CMCSK 4,500 38.19620 171,897.90 EXECUTION BY MON