HOVNANIAN ENTERPRISES INC

CUSIP: 442487203 Class: COM

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

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

Q4 2013
Shares 182,545 Value ($000) $1,208 Avg Close — Range —
Q3 2013
Shares 54,545 Value ($000) $285 Avg Close — Range —
Q2 2013
Shares 57,220 Value ($000) $321 Avg Close — Range —