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GABRIEL CAPITAL CORP
> TWX
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2008 | TIME WARNER INC. | TWX | 10,000 | 10,000 | 131,000 | 131,000 | $13.10 |
| 03/31/2008 | TIME WARNER INC. | TWX | 0 | -42,500 | 0 | -702,000 | |
| 12/31/2007 | TIME WARNER INC. | TWX | 42,500 | 20,000 | 702,000 | 289,000 | $16.52 |
| 09/30/2007 | TIME WARNER INC. | TWX | 22,500 | -69,050 | 413,000 | -1,392,000 | $18.36 |
| 03/31/2007 | TIME WARNER INC. | TWX | 91,550 | 0 | 1,805,000 | -189,000 | $19.72 |
| 12/31/2006 | TIME WARNER INC. | TWX | 91,550 | -7,500 | 1,994,000 | 188,318 | $21.78 |
| 09/30/2006 | TIME WARNER INC. | TWX | 99,050 | 30,000 | 1,805,682 | 611,117 | $18.23 |
| 06/30/2006 | TIME WARNER INC. | TWX | 69,050 | 69,050 | 1,194,565 | 1,194,565 | $17.30 |
| 03/31/2006 | TIME WARNER INC. | TWX | 69,050 | 40,000 | 1,159,350 | 652,718 | $16.79 |
| 12/31/2005 | TIME WARNER INC. | TWX | 29,050 | -56,700 | 506,632 | -926,251 | $17.44 |
| 06/30/2005 | TIME WARNER INC. | TWX | 85,750 | 7,950 | 1,432,883 | -2,567,117 | $16.71 |
| 12/31/2004 | TIME WARNER INC. | TWX | 77,800 | 77,800 | 4,000,000 | 4,000,000 | $51.41 |
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