NRO: Insider Transactions for NB RE SECS INC FD

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	3.57M	N/A
% Net Shares Purchased (Sold)	0.0%	N/A

Net Institutional Purchases - Prior Qtr to Latest Qtr
	Shares
Net Shares Purchased (Sold)	(2,664,460)
% Change in Institutional Shares Held	(1222.0%)

Data provided by Thomson Financial

INSIDER TRANSACTIONS REPORTED - LAST TWO YEARS

Date	Insider	Shares	Type	Transaction	Value*
19-Feb-09	DEANS ALISON ANN Other	N/A	Direct	Statement of Ownership	N/A
31-Dec-08	MERRILL LYNCH & CO., INC. Beneficial Owner (10% or more)	1,217	Indirect	Statement of Ownership	N/A
18-Dec-08	BRANDON CLAUDIA A. Officer	N/A	Direct	Statement of Ownership	N/A
18-Dec-08	GERSON MAXINE L. Officer	N/A	Direct	Statement of Ownership	N/A
28-Oct-08	JONES BRIAN C. Other	N/A	Direct	Statement of Ownership	N/A
27-Aug-08	CORMAN ROBERT BRUCE Other	N/A	Direct	Statement of Ownership	N/A
26-Aug-08	CONTI ROBERT JOHN Officer	N/A	Direct	Statement of Ownership	N/A
7-Mar-08	COLISH FAITH Director	140	Direct	Acquisition (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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