X0202 4 2008-03-05 0000891456 PLAINS EXPLORATION & PRODUCTION CO PXP 0001368039 Talbert Winston M 700 MILAM SUITE 3100 HOUSTON TX 77002 0 1 0 0 EVP & CFO Common Stock 2008-03-05 4 S 0 1200 55.83 D 391465 D Common Stock 2008-03-05 4 S 0 300 55.84 D 391165 D Common Stock 2008-03-05 4 S 0 1100 55.85 D 390065 D Common Stock 2008-03-05 4 S 0 1400 55.86 D 388665 D Common Stock 2008-03-05 4 S 0 100 55.87 D 388565 D Common Stock 2008-03-05 4 S 0 500 55.88 D 388065 D Common Stock 2008-03-05 4 S 0 2100 55.90 D 385965 D Common Stock 2008-03-05 4 S 0 300 55.91 D 385665 D Common Stock 2008-03-05 4 S 0 2900 55.92 D 382765 D Common Stock 2008-03-05 4 S 0 800 55.93 D 381965 D Common Stock 2008-03-05 4 S 0 400 55.94 D 381565 D Common Stock 2008-03-05 4 S 0 1100 55.95 D 380465 D Common Stock 2008-03-05 4 S 0 1300 55.96 D 379165 D Common Stock 2008-03-05 4 S 0 3500 55.97 D 375665 D Common Stock 2008-03-05 4 S 0 2700 55.98 D 372965 D Common Stock 2008-03-05 4 S 0 200 55.99 D 372765 D Common Stock 2008-03-05 4 S 0 1100 56.00 D 371665 D Common Stock 2008-03-05 4 S 0 2200 56.01 D 369465 D Common Stock 2008-03-05 4 S 0 300 56.02 D 369165 D Common Stock 2008-03-05 4 S 0 500 56.03 D 368665 D Deborah R. Anderson, attorney-in-fact for Winston M. Talbert 2008-03-07