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DUNCAN HURST CAPITAL MANAGEMENT LP
> URBN
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2008 | URBAN OUTFITTERS INC | URBN | 17,774 | -3,561 | 566,457 | -98,981 | $31.87 |
| 06/30/2008 | URBAN OUTFITTERS INC | URBN | 21,335 | 3,190 | 665,438 | 96,592 | $31.19 |
| 03/31/2008 | URBAN OUTFITTERS INC | URBN | 18,145 | 18,145 | 568,846 | 568,846 | $31.35 |
| 12/31/2005 | URBAN OUTFITTERS INC | URBN | 0 | -21,100 | 0 | -620,000 | |
| 09/30/2005 | URBAN OUTFITTERS INC | URBN | 21,100 | 2,870 | 620,000 | -413,000 | $29.38 |
| 06/30/2005 | URBAN OUTFITTERS INC | URBN | 18,230 | 980 | 1,033,000 | 206,000 | $56.66 |
| 03/31/2005 | URBAN OUTFITTERS INC | URBN | 17,250 | -3,690 | 827,000 | -103,000 | $47.94 |
| 12/31/2004 | URBAN OUTFITTERS INC | URBN | 20,940 | -27,960 | 930,000 | -752,000 | $44.41 |
| 09/30/2004 | URBAN OUTFITTERS INC | URBN | 48,900 | 48,900 | 1,682,000 | 1,682,000 | $34.40 |
| 06/30/2004 | URBAN OUTFITTERS INC | URBN | 0 | -35,820 | 0 | -1,722,000 | |
| 03/31/2004 | URBAN OUTFITTERS INC | URBN | 35,820 | 35,820 | 1,722,000 | 1,722,000 | $48.07 |
| 12/31/2003 | URBAN OUTFITTERS INC | URBN | 0 | -20 | 0 | -1,000 | |
| 09/30/2003 | URBAN OUTFITTERS INC | URBN | 20 | 20 | 1,000 | 1,000 | $50.00 |
| 02/13/2003 | URBAN OUTFITTERS INC | URBN | 0 | -15 | 0 | -354 | |
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