X0202 4 2004-10-05 0 0001170593 PRIMUS GUARANTY LTD PRS 0001300154 Jasper Thomas W C/O PRIMUS ASSET MANAGEMENT, INC. 360 MADISON AVENUE, 23RD FLOOR NEW YORK NY 10017 1 1 0 0 Chief Executive Officer Common Shares, par value $.08 per share 2004-10-05 4 C 0 57915 A 370415 D Series A Conv. Voting Pref. Shares, par value $.01 per share 2004-10-05 4 C 0 12000 25.00 D 2004-09-29 Common Shares, par value $.08 per share 57915 0 D Reflects conversion of Series A Convertible Voting Preferred Shares, par value $.01 per share. Reflects a one for eight reverse share split, effected October 5, 2004. This amount does not include 125,000 Common Shares, par value $.08 per share, indirectly beneficially owned by Mr. Jasper as Trustee for the Thomas W. Jasper 2004 GRAT. Each Series A Convertible Voting Preferred Share, par value $.01 per share, was converted into Common Shares, par value $.08 per share, by multiplying such Series A Convertible Voting Preferred Share by $25.00 and then dividing such number by $5.18. Not applicable. /s/ Thomas W. Jasper 2004-10-07