Insider Trades - NICULESCU PETER S

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NICULESCU PETER S: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
FANNIE MAE Officer NYSE:FNM (historical quotes, profile, SEC, other insiders)	19-Sep-08	105,187	Direct
TWO HARBORS INVT CP Director AMEX:TWO (historical quotes, other insiders)	28-Oct-09	5,214	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
28-Oct-09 5,214 TWO Acquisition (Non Open Market) at $0 per share.
28-Oct-09 0 TWO Statement of Ownership
19-Sep-08 135,693 FNM Disposition (Non Open Market) at $0 per share.
10-Mar-08 4,860 FNM Disposition (Non Open Market) at $20.39 per share.
(Value of $99,095)
28-Jan-08 81,623 FNM Acquisition (Non Open Market) at $0 per share.
25-Jan-08 4,035 FNM Disposition (Non Open Market) at $33.31 per share.
(Value of $134,405)
24-Jan-08 2,653 FNM Disposition (Non Open Market) at $34.30 per share.
(Value of $90,997)
4-Jan-08 1,587 FNM Disposition (Non Open Market) at $34.59 per share.
(Value of $54,894)
20-Nov-07 15,000 FNM Purchase at $27.89 per share.
(Cost of $418,350)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
28-Oct-09	5,214	TWO	Acquisition (Non Open Market) at $0 per share.
28-Oct-09	0	TWO	Statement of Ownership
19-Sep-08	135,693	FNM	Disposition (Non Open Market) at $0 per share.
10-Mar-08	4,860	FNM	Disposition (Non Open Market) at $20.39 per share. (Value of $99,095)
28-Jan-08	81,623	FNM	Acquisition (Non Open Market) at $0 per share.
25-Jan-08	4,035	FNM	Disposition (Non Open Market) at $33.31 per share. (Value of $134,405)
24-Jan-08	2,653	FNM	Disposition (Non Open Market) at $34.30 per share. (Value of $90,997)
4-Jan-08	1,587	FNM	Disposition (Non Open Market) at $34.59 per share. (Value of $54,894)
20-Nov-07	15,000	FNM	Purchase at $27.89 per share. (Cost of $418,350)