HALLADOR ENERGY COMPANY

Ticker: HNRG CUSIP: 40609P105 Class: Common Stock

First Eagle Investment Management, LLC's Holding History (CIK: 0001325447)

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

Q1 2014
Shares 10,080 Value ($000) $86 Avg Close $8.20 Range $7.47 - $8.99
Q4 2013
Shares 10,080 Value ($000) $81 Avg Close $7.44 Range $6.58 - $8.55
Q3 2013
Shares 5,670 Value ($000) $41 Avg Close $7.62 Range $6.75 - $8.46