X0202 4 2006-12-19 0 0001262279 FIRST MARBLEHEAD CORP FMD 0001265654 ANBINDER STEPHEN E C/O THE FIRST MARBLEHEAD CORPORATION, 800 BOYLSTON STREET, 34TH FLOOR BOSTON MA 02199 1 0 0 0 Vice Chairman of the Board Common Stock 2006-12-19 4 S 0 200 52.92 D 3134800 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 52.93 D 3134700 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.01 D 3134600 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.05 D 3134500 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.11 D 3134400 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.21 D 3134300 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.26 D 3134200 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 200 53.29 D 3134000 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.3 D 3133900 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.31 D 3133800 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.32 D 3133700 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.34 D 3133600 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.35 D 3133500 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.39 D 3133400 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 300 53.4 D 3133100 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.41 D 3133000 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 100 53.43 D 3132900 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 300 53.48 D 3132600 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 400 53.5 D 3132200 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 200 53.51 D 3132000 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 300 53.52 D 3131700 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 200 53.53 D 3131500 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 500 53.54 D 3131000 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 900 53.55 D 3130100 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 500 53.56 D 3129600 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 700 53.57 D 3128900 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 900 53.58 D 3128000 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 500 53.59 D 3127500 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 1600 53.6 D 3125900 I By Roxbury Management Company, LLC Common Stock 2006-12-19 4 S 0 1100 53.61 D 3124800 I By Roxbury Management Company, LLC The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by Roxbury Management Company, LLC on December 9, 2005. This Form 4 is report ONE of TWO filed to report sales of shares on December 19, 2006. Such Forms 4 are intended to be read together. /s/ Peter B. Tarr, attorney-in-fact 2006-12-19