EMERSON RADIO CORP

Ticker: MSN CUSIP: 291087203 Class: COM NEW

Nantahala Capital Management, LLC's Holding History (CIK: 0001472322)

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

Q3 2014

Shares 14,097 Value ($000) $28 Avg Close $1.81 Range $1.26 - $2.34

Q2 2014

Shares 14,097 Value ($000) $25 Avg Close $1.94 Range $1.70 - $2.20

Q1 2014

Shares 14,097 Value ($000) $29 Avg Close $2.11 Range $1.85 - $2.38

Q4 2013

Shares 14,097 Value ($000) $27 Avg Close $1.91 Range $1.80 - $2.10

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	14,097	$28	$1.81	$1.26 - $2.34
Q2 2014	14,097	$25	$1.94	$1.70 - $2.20
Q1 2014	14,097	$29	$2.11	$1.85 - $2.38
Q4 2013	14,097	$27	$1.91	$1.80 - $2.10