ALLIANCE RES PARTNER L P

Ticker: ARLP CUSIP: 01877R108 Class: UT LTD PART

Paragon Capital Management LLC's Holding History (CIK: 0001388437)

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

Q1 2014

Shares 4,000 Value ($000) $336 Avg Close — Range —

Q4 2013

Shares 4,000 Value ($000) $308 Avg Close — Range —

Q3 2013

Shares 4,000 Value ($000) $296 Avg Close — Range —

Q2 2013

Shares 4,000 Value ($000) $282 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	4,000	$336	—	—
Q4 2013	4,000	$308	—	—
Q3 2013	4,000	$296	—	—
Q2 2013	4,000	$282	—	—