ARCH COAL INC

CUSIP: 039380100 Class: COM

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q3 2014
Shares 170,000 Value ($000) $360 Avg Close — Range —
Q2 2014
Shares 273,096 Value ($000) $997 Avg Close — Range —
Q1 2014
Shares 333,096 Value ($000) $1,606 Avg Close — Range —
Q4 2013
Shares 463,096 Value ($000) $2,061 Avg Close — Range —
Q3 2013
Shares 453,796 Value ($000) $1,865 Avg Close — Range —