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INSURANCE CO OF THE WEST
> MAC
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2008 | MACERICH CO | MAC | 65,000 | 15,000 | 1,180,000 | -2,002,000 | $18.15 |
| 09/30/2008 | MACERICH CO | MAC | 50,000 | 50,000 | 3,182,000 | 3,182,000 | $63.64 |
| 06/30/2008 | MACERICH CO | MAC | 50,000 | 0 | 3,106,000 | -407,000 | $62.12 |
| 03/31/2008 | MACERICH CO | MAC | 50,000 | 0 | 3,513,000 | -40,000 | $70.26 |
| 12/31/2007 | MACERICH CO | MAC | 50,000 | 0 | 3,553,000 | -826,000 | $71.06 |
| 09/30/2007 | MACERICH CO | MAC | 50,000 | 0 | 4,379,000 | 258,000 | $87.58 |
| 06/30/2007 | MACERICH CO | MAC | 50,000 | 0 | 4,121,000 | -497,000 | $82.42 |
| 03/31/2007 | MACERICH CO | MAC | 50,000 | 0 | 4,618,000 | 289,000 | $92.36 |
| 12/31/2006 | MACERICH CO | MAC | 50,000 | 50,000 | 4,329,000 | 4,329,000 | $86.58 |
| 09/30/2006 | MACERICH CO | MAC | 50,000 | 49,950 | 3,818,000 | 3,814,490 | $76.36 |
| 06/30/2006 | MACERICH CO | MAC | 50 | -49,950 | 3,510 | -3,694,490 | $70.20 |
| 03/31/2006 | MACERICH CO | MAC | 50,000 | 0 | 3,698,000 | 451,000 | $73.96 |
| 12/31/2005 | MACERICH CO | MAC | 50,000 | 0 | 3,357,000 | 110,000 | $67.14 |
| 09/30/2005 | MACERICH CO | MAC | 50,000 | 0 | 3,247,000 | 583,000 | $64.94 |
| 06/30/2005 | MACERICH CO | MAC | 50,000 | 0 | 3,352,000 | 688,000 | $67.04 |
| 03/31/2005 | MACERICH CO | MAC | 50,000 | 0 | 2,664,000 | 907,000 | $53.28 |
| 12/31/2004 | MACERICH CO | MAC | 50,000 | 0 | 3,140,000 | 1,383,000 | $62.80 |
| 09/30/2004 | MACERICH CO | MAC | 50,000 | 0 | 2,665,000 | 908,000 | $53.30 |
| 06/30/2004 | MACERICH CO | MAC | 50,000 | 0 | 2,394,000 | 637,000 | $47.88 |
| 03/31/2004 | MACERICH CO | MAC | 50,000 | 0 | 2,695,000 | 470,000 | $53.90 |
| 12/31/2003 | MACERICH CO | MAC | 50,000 | 0 | 2,225,000 | 468,000 | $44.50 |
| 09/30/2003 | MACERICH CO | MAC | 50,000 | 0 | 1,888,000 | 131,000 | $37.76 |
| 06/30/2003 | MACERICH CO | MAC | 50,000 | 0 | 1,757,000 | 529,000 | $35.14 |
| 03/31/2003 | MACERICH CO | MAC | 50,000 | 0 | 1,584,000 | 356,000 | $31.68 |
| 12/31/2002 | MACERICH CO | MAC | 50,000 | 0 | 1,538,000 | 310,000 | $30.76 |
| 09/30/2002 | MACERICH CO | MAC | 50,000 | 0 | 1,549,000 | 321,000 | $30.98 |
| 06/30/2002 | MACERICH CO | MAC | 50,000 | 0 | 1,550,000 | 322,000 | $31.00 |
| 03/30/2002 | MACERICH CO | MAC | 50,000 | 0 | 1,508,000 | 280,000 | $30.16 |
| 12/31/2001 | MACERICH CO | MAC | 50,000 | 0 | 1,330,000 | 102,000 | $26.60 |
| 09/30/2001 | MACERICH CO | MAC | 50,000 | 0 | 1,106,000 | -122,000 | $22.12 |
| 06/30/2001 | MACERICH CO | MAC | 50,000 | 50,000 | 1,228,000 | 1,228,000 | $24.56 |
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