X0202 4 2007-03-02 0 0000727510 ENZON PHARMACEUTICALS INC ENZN 0000919185 HIGHBRIDGE CAPITAL MANAGEMENT LLC 9 WEST 57TH STREET 27TH FLOOR NEW YORK NY 10019 0 0 1 0 0000931921 HIGHBRIDGE CAPITAL CORP HIGHBRIDGE CAPITAL CORPORATION P.O. BOX 30554, SEVEN MILE BEACH GRAND CAYMAN E9 00000 CAYMAN ISLANDS 0 0 1 0 0001308315 Highbridge International LLC P.O. BOX 30554 SEVEN MILE BEACH GEORGE TOWN, GRAND CAYMAN E9 00000 CAYMAN ISLANDS 0 0 1 0 0001308597 Dubin Glenn C/O HIGHBRIDGE CAPITAL MANAGEMENT, LLC 9 WEST 57TH STREET, 27TH FLOOR NEW YORK NY 10019 0 0 1 0 0001308598 Swieca Henry C/O HIGHBRIDGE CAPITAL MANAGEMENT, LLC 9 WEST 57TH STREET, 27TH FLOOR NEW YORK NY 10019 0 0 1 0 Shares of common stock, $0.01 par value ("Common Stock") 2007-03-02 4 P 0 700 8.19 A 700 I See footnotes Common Stock 2007-03-02 4 P 0 852 8.20 A 1552 I See footnotes Common Stock 2007-03-02 4 P 0 40000 8.23 A 41552 I See footnotes Common Stock 2007-03-02 4 P 0 40000 8.25 A 81552 I See footnotes Common Stock 2007-03-02 4 P 0 30000 8.26 A 111552 I See footnotes Common Stock 2007-03-02 4 J 0 30000 8.26 D 81552 I See footnotes Common Stock 2007-03-02 4 J 0 40000 8.25 D 41552 I See footnotes Common Stock 2007-03-02 4 J 0 40000 8.73 D 1552 I See footnotes Common Stock 2007-03-02 4 J 0 852 8.20 D 700 I See footnotes Common Stock 2007-03-02 4 J 0 700 8.19 D 0 I See footnotes Exempt transfer of shares to return shares borrowed in connection with short sales entered into prior to the time that the Reporting Persons became subject to the reporting requirements of Section 16. 146 shares of Common Stock are attributable to Highbridge Convertible Arbitrage Master Fund, L.P. and 554 shares of Common Stock are attributable to Highbridge International LLC Highbridge International LLC is a subsidiary of Highbridge Master L.P. Highbridge Capital Corporation and Highbridge Capital L.P. are limited partners of Highbridge Master L.P. Highbridge GP, Ltd. is the General Partner of Highbridge Master L.P. Highbridge GP, LLC is the General Partner of Highbridge Capital L.P. Highbridge Capital Management, LLC is the trading manager of Highbridge Capital Corporation, Highbridge Capital L.P., Highbridge International LLC, Highbridge Convertible Arbitrage Master Fund, L.P. and Highbridge Master L.P. Glenn Dubin is a Co-Chief Executive Officer of Highbridge Capital Management, LLC. Henry Swieca is a Co-Chief Executive Officer of Highbridge Capital Management, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock to the extent such beneficial ownership exceeds such Reporting Person's pecuniary interest. 178 shares of Common Stock are attributable to Highbridge Convertible Arbitrage Master Fund, L.P. and 674 shares of Common Stock are attributable to Highbridge International LLC. 8,359 shares of Common Stock are attributable to Highbridge Convertible Arbitrage Master Fund, L.P. and 31,641 shares of Common Stock are attributable to Highbridge International LLC. 6,269 shares of Common Stock are attributable to Highbridge Convertible Arbitrage Master Fund, L.P. and 23,731 shares of Common Stock are attributable to Highbridge International LLC. HIGHBRIDGE CAPITAL MANAGEMENT, LLC, By: Highbridge Capital Management, LLC, its Trading Manager, By: /s/ Carolyn Rubin, ** Carolyn Rubin, Managing Director 2007-03-06