Insider Trades - SHCHERBAKOV EUGENE A

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SHCHERBAKOV EUGENE A: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
IPG Photonics Corporation Officer NasdaqGS:IPGP (historical quotes, profile, other insiders)	6-May-08	39,994	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
6-May-08 150,000 IPGP Automatic Sale at $18.17 per share.
(Proceeds of $2,725,500)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
6-May-08	150,000	IPGP	Automatic Sale at $18.17 per share. (Proceeds of $2,725,500)