Insider Trades - BARKER FRANK H

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BARKER FRANK H: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
ARADIGM CORP Director OTC BB:ARDM.OB (historical quotes, profile, SEC, other insiders)	15-May-09	133,750	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
15-May-09 93,750 ARDM.OB Acquisition (Non Open Market) at $0 per share.
4-Apr-08 5,000 ARDM.OB Purchase at $1.05 per share.
(Cost of $5,250)
3-Apr-08 15,000 ARDM.OB Purchase at $1.05 per share.
(Cost of $15,750)
2-Apr-08 20,000 ARDM.OB Purchase at $1.05 per share.
(Cost of $21,000)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
15-May-09	93,750	ARDM.OB	Acquisition (Non Open Market) at $0 per share.
4-Apr-08	5,000	ARDM.OB	Purchase at $1.05 per share. (Cost of $5,250)
3-Apr-08	15,000	ARDM.OB	Purchase at $1.05 per share. (Cost of $15,750)
2-Apr-08	20,000	ARDM.OB	Purchase at $1.05 per share. (Cost of $21,000)