X0202 4 2007-06-26 0 0000888693 ISCO INTERNATIONAL INC iso 0000933430 WHITMORE BRADFORD T 1560 SHERMAN AVE SUITE 900 EVANSTON IL 60201 0 0 1 0 0001098820 ALEXANDER FINANCE LP 1560 SHERMAN AVE STE 900 EVANSTON IL 60201 0 0 1 0 0001061060 SPURGEON CORP 290 S COUNTY FARM RD THIRD FL WHEATON IL 60187 0 0 1 0 Common Stock 2007-06-26 4 C 0 4166667 0.18 A 48064846 I See footnote (2) 7% Convertible Notes 0.2 2007-06-26 4 J 0 4861705 0.2 A 2007-06-26 2009-08-01 Common Stock 24308525 24308525 I See footnote (2) 7% Convertible Notes 0.18 2007-06-26 4 J 0 750000 0.18 A 2007-06-26 2009-08-01 Common Stock 4166667 28475192 I See footnote (2) 7% Convertible Notes 0.18 2007-06-26 4 C 0 750000 0 D 2007-06-26 2009-08-01 Common Stock 4166667 24308525 I See footnote (2) The reporting persons converted $750,000 face amount of amended and restated 7% convertible notes on June 26, 2007, at a conversion price of $0.18 per share, resulting in the acquisition of 4,166,667 shares of common stock. As president of Bun Partners, Inc., General Partner of Alexander Finance, LP, and as General Partner of Grace Brothers, Ltd. Bradford T. Whitmore is an indirect beneficial owner. As General Partner of Alexander Finance, LP, and Grace Brothers, Ltd., Spurgeon Corporation is an indirect beneficial owner. The reporting persons amended and restated existing notes to extend the maturity date to August 1, 2009, reduce the interest rate of the notes, and provide for the convertibility of the notes into common stock at a conversion price of $0.20 per share. Bradford T. Whitmore 2007-07-06 Jerald A. Trannel, Vice President: Spurgeon Corporation 2007-07-06 Bradford T. Whitmore, President: Bun Partners, Inc. 2007-07-06