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FERRIS BAKER WATTS INCORPORATED
> MSFT
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2008 | MICROSOFT CORP | MSFT | 252,357 | -1,730 | 4,906,000 | -1,876,000 | $19.44 |
| 09/30/2008 | MICROSOFT CORP | MSFT | 254,087 | 254,087 | 6,782,000 | 6,782,000 | $26.69 |
| 06/30/2008 | MICROSOFT CORP | MSFT | 269,854 | 269,854 | 7,424,000 | 7,424,000 | $27.51 |
| 03/31/2008 | MICROSOFT CORP | MSFT | 294,904 | 294,904 | 8,369,000 | 8,369,000 | $28.38 |
| 12/31/2007 | MICROSOFT CORP | MSFT | 261,763 | 261,763 | 9,319,000 | 9,319,000 | $35.60 |
| 09/30/2007 | MICROSOFT CORP | MSFT | 242,721 | 242,721 | 7,151,000 | 7,151,000 | $29.46 |
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