X0303 4 2008-08-15 0 0000840216 CALIFORNIA COASTAL COMMUNITIES INC CALC 0001405838 Murray Marti P 340 MADISON AVENUE 18TH FLOOR NEW YORK NY 10017 1 0 0 0 Common Stock 2008-08-15 4 S 0 125000 2.80 D 419716.00 D Includes 3,515 restricted shares issued to Marti P. Murray under the Director Fee Program and 416,201 shares held by Babson Capital Management LLC, ("BCM") a registered investment adviser. Ms. Murray has sole voting and dispositive power with respect to, and therefore may be deemed to beneficially own, the 419,716 shares of common stock held by the investment advisory clients of BCM. The Reporting Person disclaims beneficial ownership of the 419,716 shares except to the extent of her pecuniary interest therein. Includes 3,515 restricted shares issued to Marti P. Murray under the Director Fee Program and 416,201 shares held by Babson Capital Management LLC, ("BCM") a registered investment adviser. Ms. Murray has sole voting and dispositive power with respect to, and therefore may be deemed to beneficially own, the 419,716 shares of common stock held by the investment advisory clients of BCM. Upon vesting, Ms. Murray intends to transfer the restricted shares to certain investment advisory clients of BCM for no consideration. The Reporting Person disclaims beneficial ownership of the 419,716 shares except to the extent of her pecuniary interest therein. /s/ Murray, Marti 2008-08-19