X0202 4 2006-11-20 0 0000311657 PRE PAID LEGAL SERVICES INC PPD 0001236421 PRESCOTT INVESTORS PROFIT SHARING TRUST 323 RAILROAD AVENUE GREENWICH CT 06830 0 0 0 1 Member of Section 13(d) Group 0000926688 SMITH THOMAS W 323 RAILROAD AVENUE GREENWICH CT 06830 0 0 1 1 Member of Section 13(d) Group Common Stock 2006-11-20 4 S 0 15000 42.45 D 75000 D Common Stock 2006-11-21 4 S 0 10000 42.37 D 65000 D These shares are owned directly by the Prescott Investors Profit Sharing Trust("Trust") and indirectly by Mr. Thomas W. Smith as trustee of the Trust. Mr. Smith disclaims beneficial ownership of these shares in excess of his pencuniary interest under 16a-8(b)(2)(ii). The address for the Trust is 323 Railroad Avenue, Greenwich, CT 06830 /s/ Thomas W. Smith, individually and as trustee of the Prescott Investors Profit Sharing Trust 2006-11-21 /s/ Thomas W. Smith, individually and as trustee of Prescott Investors Profit Sharing Trust 2006-11-21