FYR: Insider Transactions for SAPPHIRE INDUSTRIALS

Insider Purchases - Last 6 Months
	Shares	Trans
Purchases	N/A	0
Sales	N/A	0
Net Shares Purchased (Sold)	N/A	0
Total Insider Shares Held	18.33M	N/A
% Net Shares Purchased (Sold)	0.0%	N/A

Net Institutional Purchases - Prior Qtr to Latest Qtr
	Shares
Net Shares Purchased (Sold)	(20,488,300)
% Change in Institutional Shares Held	(105.2%)

Data provided by Thomson Financial

INSIDER TRANSACTIONS REPORTED - LAST TWO YEARS

Date	Insider	Shares	Type	Transaction	Value*
5-Mar-08	TAYLOR DOUGLAS C Officer	50,000	Direct	Disposition (Non Open Market)	N/A
5-Mar-08	MOLSON R IAN Director	9,600	Direct	Disposition (Non Open Market)	N/A
5-Mar-08	SCHIZER DAVID M Director	9,600	Direct	Disposition (Non Open Market)	N/A
5-Mar-08	WARD CHARLES Director	40,000	Direct	Disposition (Non Open Market)	N/A
5-Mar-08	LAZARD LTD Director	2,271,600	Indirect	Disposition (Non Open Market)	N/A
5-Mar-08	DOOLEY THOMAS E Director	9,600	Direct	Disposition (Non Open Market)	N/A
5-Mar-08	KRAMER RONALD J Director	9,600	Direct	Disposition (Non Open Market)	N/A
5-Mar-08	DRAPKIN DONALD G Officer	600,000	Direct	Disposition (Non Open Market)	N/A

Data provided by EDGAR Online

* = Where indicated, some values are estimates.
¹ = Potential proceeds estimated by the filer.
² = Estimated based on the average of multiple prices reported.
³ = Multiple dates reported. Most recent date shown.

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