HORIZON TECHNOLOGY FIN CORP

Ticker: HRZN CUSIP: 44045A102 Class: COMMON STOCK

ARES MANAGEMENT LLC's Holding History (CIK: 0001259313)

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

Q4 2016

Shares 97,253 Value ($000) $1,024 Avg Close $4.11 Range $3.35 - $4.76

Q2 2016

Shares 49,785 Value ($000) $607 Avg Close $3.89 Range $3.65 - $4.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	97,253	$1,024	$4.11	$3.35 - $4.76
Q2 2016	49,785	$607	$3.89	$3.65 - $4.13