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DUNCAN HURST CAPITAL MANAGEMENT LP
> GES
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2008 | GUESS INC | GES | 0 | -10,970 | 0 | -410,826 | |
| 06/30/2008 | GUESS INC | GES | 10,970 | -12,440 | 410,826 | -536,577 | $37.45 |
| 03/31/2008 | GUESS INC | GES | 23,410 | -6,210 | 947,403 | -174,898 | $40.47 |
| 12/31/2007 | GUESS INC | GES | 29,620 | -9,960 | 1,122,301 | -818,306 | $37.89 |
| 09/30/2007 | GUESS INC | GES | 39,580 | -65,690 | 1,940,607 | -3,116,563 | $49.03 |
| 06/30/2007 | GUESS INC | GES | 105,270 | -52,570 | 5,057,170 | -1,333,771 | $48.04 |
| 03/31/2007 | GUESS INC | GES | 157,840 | 77,030 | 6,390,941 | 1,265,163 | $40.49 |
| 12/31/2006 | GUESS INC | GES | 80,810 | 5,820 | 5,125,778 | 1,486,514 | $63.43 |
| 09/30/2006 | GUESS INC | GES | 74,990 | 54,740 | 3,639,264 | 2,793,827 | $48.53 |
| 06/30/2006 | GUESS INC | GES | 20,250 | 6,219 | 845,437 | 296,685 | $41.75 |
| 03/31/2006 | GUESS INC | GES | 14,031 | -54,220 | 548,752 | -1,881,248 | $39.11 |
| 12/31/2005 | GUESS INC | GES | 68,251 | 68,251 | 2,430,000 | 2,430,000 | $35.60 |
| 12/31/2004 | GUESS INC | GES | 0 | -2,100 | 0 | -37,000 | |
| 09/30/2004 | GUESS INC | GES | 2,100 | 2,100 | 37,000 | 37,000 | $17.62 |
| 06/30/2004 | GUESS INC | GES | 0 | -58 | 0 | -1,000 | |
| 03/31/2004 | GUESS INC | GES | 58 | 58 | 1,000 | 1,000 | $17.24 |
| 02/13/2004 | GUESS INC | GES | 0 | -58 | 0 | -1,000 | |
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