RAND CAPITAL CORP — Director's Dealing 2006

Feb 7, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAND CAPITAL CORP (RAND)
CIK: 0000081955
Period of Report: 2006-02-03

Reporting Person: KENZIE ROSS B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-02	Common Stock	G	20000	—	Disposed	135000	Indirect

Footnotes

F1: Transaction voluntarily reported earlier than required.