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SLATER CAPITAL MANAGEMENT LLC
> GSIC
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2008 | GSI COMMERCE INC | GSIC | 238,616 | 238,616 | 3,694,000 | 3,694,000 | $15.48 |
| 06/30/2008 | GSI COMMERCE INC | GSIC | 194,600 | 194,600 | 2,652,000 | 2,652,000 | $13.63 |
| 03/31/2008 | GSI COMMERCE INC | GSIC | 237,600 | 237,600 | 3,124,000 | 3,124,000 | $13.15 |
| 12/31/2007 | GSI COMMERCE INC | GSIC | 187,600 | 187,600 | 3,658,000 | 3,658,000 | $19.50 |
| 09/30/2007 | GSI COMMERCE INC | GSIC | 124,800 | 124,800 | 3,320,000 | 3,320,000 | $26.60 |
| 06/30/2007 | GSI COMMERCE INC | GSIC | 118,200 | 118,200 | 2,684,000 | 2,684,000 | $22.71 |
| 03/31/2007 | GSI COMMERCE INC | GSIC | 182,200 | 182,200 | 4,116,000 | 4,116,000 | $22.59 |
| 12/31/2006 | GSI COMMERCE INC | GSIC | 185,400 | 185,400 | 3,476,000 | 3,476,000 | $18.75 |
| 09/30/2006 | GSI COMMERCE INC | GSIC | 212,200 | 212,200 | 3,149,000 | 3,149,000 | $14.84 |
| 06/30/2006 | GSI COMMERCE INC | GSIC | 300,925 | 300,925 | 4,072,000 | 4,072,000 | $13.53 |
| 03/31/2006 | GSI COMMERCE INC | GSIC | 258,800 | 258,800 | 4,400,000 | 4,400,000 | $17.00 |
| 12/31/2005 | GSI COMMERCE INC | GSIC | 85,933 | 85,933 | 1,297,000 | 1,297,000 | $15.09 |
| 09/30/2005 | GSI COMMERCE INC | GSIC | 132,833 | 132,833 | 2,643,000 | 2,643,000 | $19.90 |
| 07/30/2005 | GSI COMMERCE INC | GSIC | 217,938 | 217,938 | 3,650,000 | 3,650,000 | $16.75 |
| 03/31/2005 | GSI COMMERCE INC | GSIC | 324,538 | 324,538 | 4,391,000 | 4,391,000 | $13.53 |
| 12/31/2004 | GSI COMMERCE INC | GSIC | 266,638 | 266,638 | 4,741,000 | 4,741,000 | $17.78 |
| 09/30/2004 | GSI COMMERCE INC | GSIC | 282,438 | 282,438 | 2,488,000 | 2,488,000 | $8.81 |
| 06/30/2004 | GSI COMMERCE INC | GSIC | 647,238 | 364,800 | 6,233,000 | 3,745,000 | $9.63 |
| 03/31/2004 | GSI COMMERCE INC | GSIC | 628,138 | 345,700 | 6,376,000 | 3,888,000 | $10.15 |
| 12/31/2003 | GSI COMMERCE INC | GSIC | 467,038 | 184,600 | 4,554,000 | 2,066,000 | $9.75 |
| 09/30/2003 | GSI COMMERCE INC | GSIC | 189,800 | -92,638 | 1,892,000 | -596,000 | $9.97 |
| 06/30/2003 | GSI COMMERCE INC | GSIC | 388,600 | 106,162 | 2,600,000 | 112,000 | $6.69 |
| 03/31/2003 | GSI COMMERCE INC | GSIC | 1,010,342 | 727,904 | 1,707,000 | -781,000 | $1.69 |
| 12/31/2002 | GSI COMMERCE INC | GSIC | 705,342 | 422,904 | 2,574,000 | 86,000 | $3.65 |
| 09/30/2002 | GSI COMMERCE INC | GSIC | 648,992 | 366,554 | 3,277,000 | 789,000 | $5.05 |
| 06/30/2002 | GSI COMMERCE INC | GSIC | 460,192 | 177,754 | 3,474,000 | 986,000 | $7.55 |
| 09/30/2001 | GSI COMMERCE INC | GSIC | 282,438 | 282,438 | 2,488,000 | 2,488,000 | $8.81 |
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