Insider Trades - KELLY JOHN A

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KELLY JOHN A: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Smith & Wesson Holding Corporat Officer NasdaqGS:SWHC (historical quotes, profile, other insiders)	27-Jun-08	43,730	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
27-Jun-08 12,333 SWHC Automatic Sale at $5.20 - $5.46 per share.
(Proceeds of about $66,000)
10-Mar-08 5,000 SWHC Purchase at $4.56 - $4.81 per share.
(Cost of about $23,000)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
27-Jun-08	12,333	SWHC	Automatic Sale at $5.20 - $5.46 per share. (Proceeds of about $66,000)
10-Mar-08	5,000	SWHC	Purchase at $4.56 - $4.81 per share. (Cost of about $23,000)