Insider Trades - BAILEY RALPH E

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BAILEY RALPH E: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Fuel Tech, Inc. Officer NasdaqGS:FTEK (historical quotes, profile, SEC, other insiders)	13-Dec-07 12-Mar-09	25,000 1,000,000 1,025,000	Direct Indirect Total

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
12-Mar-09 *1,000,000 FTEK Disposition (Non Open Market) at $0 per share.
12-Mar-09 *1,000,000 FTEK Acquisition (Non Open Market) at $0 per share.
10-Dec-08 *1,000,000 FTEK Disposition (Non Open Market) at $0 per share.
29-Oct-08 *20,000 FTEK Acquisition (Non Open Market) at $2.13 - $2.34 per share.
(Value of about $45,000)
30-Apr-08 *5,498 FTEK Disposition (Non Open Market) at $24.34 per share.
(Value of $133,821)
30-Apr-08 *76,478 FTEK Acquisition (Non Open Market) at $1.75 per share.
(Value of $133,836)
18-Mar-08 *10,000 FTEK Acquisition (Non Open Market) at $1.53 per share.
(Value of $15,300)
7-Mar-08 *25,000 FTEK Purchase at $17.90 per share.
(Cost of $447,499)
13-Dec-07 *25,000 FTEK Purchase at $18.19 per share.
(Cost of $454,750)
13-Dec-07 25,000 FTEK Purchase at $18.20 per share.
(Cost of $455,000)
* Indicates that some (or all) shares are held indirectly (e.g. in a trust, by a spouse, etc.)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
12-Mar-09	*1,000,000	FTEK	Disposition (Non Open Market) at $0 per share.
12-Mar-09	*1,000,000	FTEK	Acquisition (Non Open Market) at $0 per share.
10-Dec-08	*1,000,000	FTEK	Disposition (Non Open Market) at $0 per share.
29-Oct-08	*20,000	FTEK	Acquisition (Non Open Market) at $2.13 - $2.34 per share. (Value of about $45,000)
30-Apr-08	*5,498	FTEK	Disposition (Non Open Market) at $24.34 per share. (Value of $133,821)
30-Apr-08	*76,478	FTEK	Acquisition (Non Open Market) at $1.75 per share. (Value of $133,836)
18-Mar-08	*10,000	FTEK	Acquisition (Non Open Market) at $1.53 per share. (Value of $15,300)
7-Mar-08	*25,000	FTEK	Purchase at $17.90 per share. (Cost of $447,499)
13-Dec-07	*25,000	FTEK	Purchase at $18.19 per share. (Cost of $454,750)
13-Dec-07	25,000	FTEK	Purchase at $18.20 per share. (Cost of $455,000)