<TABLE>
<CAPTION>
Horizon Group Properties, Inc.
<S> <C> <C> <C> <C> <C> <C>
Person Effecting Type of
Date Shares Price Cost Transaction Place of Transaction Transaction
April 6, 2000 1,000 4.5313 4,531.25 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
April 7, 2000 200 4.5313 906.25 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
April 17, 2000 1,000 4.5000 4,500.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
April 17, 2000 2,000 4.5000 9,000.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
April 24, 2000 5,000 4.6250 23,125.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
May 15, 2000 3,000 4.1250 12,375.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
May 15, 2000 5,000 4.2500 21,250.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
May 17, 2000 3,000 4.0000 12,000.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
May 22, 2000 5,000 3.9375 19,687.50 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
May 23, 2000 4,000 3.9375 15,750.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
May 26, 2000 1,000 3.4375 3,437.50 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
May 31, 2000 2,000 3.6250 7,250.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
June 2, 2000 6,000 3.7083 22,249.80 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
June 7, 2000 5,000 3.8125 19,062.50 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
June 8, 2000 5,500 3.7500 20,625.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
June 14, 2000 5,000 3.8125 19,062.50 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
June 15, 2000 2,500 3.7500 9,375.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
June 23, 2000 3,000 3.6250 10,875.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
June 26, 2000 8,000 3.5000 28,000.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
June 27, 2000 2,500 3.3750 8,437.50 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
June 28, 2000 3,000 3.4375 10,312.50 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
June 30, 2000 9,000 3.4375 30,937.50 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
July 11, 2000 4,500 3.3125 14,906.25 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
July 18, 2000 5,000 3.3125 16,562.50 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
August 18, 2000 3,500 3.2500 11,375.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
August 23, 2000 10,000 3.2500 32,500.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
August 24, 2000 10,000 3.2500 32,500.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
August 24, 2000 30,000 3.0625 91,875.00 Robert M. Schwartzberg Friedman, Billings, Ramsey & Co. Open Market
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144,700 $512,468.55
</TABLE>
Average Cost: $3.542
