HALLADOR ENERGY COMPANY

Ticker: HNRG CUSIP: 40609P105 Class: Common Stock

CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM's Holding History (CIK: 0000919079)

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

Q4 2013
Shares 2,600 Value ($000) $21 Avg Close $7.44 Range $6.58 - $8.55
Q3 2013
Shares 2,800 Value ($000) $20 Avg Close $7.62 Range $6.75 - $8.46
Q2 2013
Shares 1,400 Value ($000) $11 Avg Close $7.40 Range $6.38 - $8.49