ALDERON IRON ORE CORP

Ticker: AXXDF CUSIP: 01434T100 Class: COM

UBS Group AG's Holding History (CIK: 0001610520)

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

Q3 2015

Shares 19,000 Value ($000) $3 Avg Close $0.16 Range $0.13 - $0.20

Q2 2015

Shares 5,424 Value ($000) $1 Avg Close $0.23 Range $0.20 - $0.28

Q4 2014

Shares 10,049 Value ($000) $3 Avg Close $0.41 Range $0.22 - $0.74

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	19,000	$3	$0.16	$0.13 - $0.20
Q2 2015	5,424	$1	$0.23	$0.20 - $0.28
Q4 2014	10,049	$3	$0.41	$0.22 - $0.74