ADVANCED EMISSIONS SOLUTS IN

Ticker: ARQ CUSIP: 00770C101 Class: COM

Saba Capital Management, L.P.'s Holding History (CIK: 0001510281)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014
Shares 116,826 Value ($000) $2,485 Avg Close $16.46 Range $14.59 - $18.49