AMERICAN INDEPENDENCE CORP

CUSIP: 026760405 Class: COM

RAFFLES ASSOCIATES LP's Holding History (CIK: 0001169581)

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

Q3 2013
Shares 140,835 Value ($000) $1,404 Avg Close — Range —
Q2 2013
Shares 138,145 Value ($000) $959 Avg Close — Range —