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Ladenburg Thalmann Financial Services Inc. (LTS)

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Insider Trading: Purchases

Insider	Price	Amount	Total Value	Remaining Holdings	Date	Form 4
Lampen Officer, Director	$1.51	5,000	$7,550.00	686,131	2011-09-06	Filing
Zeitchick Officer, Director	$1.60	10,000	$16,000.00	1,885,400	2011-08-25	Filing
Rosenstock Director	$1.61	200	$322.00	333,532	2011-08-25	Filing
Rosenstock Director	$1.60	4,800	$7,680.00	333,362	2011-08-25	Filing
Lampen Officer, Director	$1.61	9,300	$14,973.00	681,131	2011-08-25	Filing
Lampen Officer, Director	$1.60	700	$1,120.00	671,831	2011-08-25	Filing
Frost Large Shareholder, Director	$1.57	40,000	$62,784.00	10,763,699	2011-08-25	Filing
Frost Large Shareholder, Director	$1.48	60,000	$88,758.00	10,723,699	2011-08-24	Filing
Zeitchick Officer, Director	$1.39	50,000	$69,400.00	1,875,400	2011-08-18	Filing
Rosenstock Director	$1.34	25,000	$33,605.00	328,562	2011-08-18	Filing
Krasno Director	$1.34	25,000	$33,620.00	295,500	2011-08-18	Filing
Frost Large Shareholder, Director	$1.30	100,000	$129,630.00	10,663,699	2011-08-18	Filing
Frost Large Shareholder, Director	$1.29	5,252	$6,775.08	10,563,699	2011-06-13	Filing
Frost Large Shareholder, Director	$1.28	22,448	$28,733.44	10,558,447	2011-06-13	Filing
Frost Large Shareholder, Director	$1.27	7,300	$9,271.00	10,535,999	2011-06-13	Filing
Frost Large Shareholder, Director	$1.26	3,822	$4,815.72	10,528,699	2011-06-13	Filing
Frost Large Shareholder, Director	$1.25	4,178	$5,222.50	10,524,877	2011-06-13	Filing
Frost Large Shareholder, Director	$1.24	2,500	$3,100.00	10,520,699	2011-06-13	Filing
Frost Large Shareholder, Director	$1.23	4,500	$5,535.00	10,518,199	2011-06-13	Filing
Frost Large Shareholder, Director	$1.30	380	$494.00	10,513,699	2011-05-27	Filing