KINDER MORGAN ENERGY PARTNER

CUSIP: 494550106 Class: COM

Narwhal Capital Management's Holding History (CIK: 0001461287)

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

Q3 2014
Shares 11,880 Value ($000) $1,108 Avg Close — Range —
Q2 2014
Shares 20,080 Value ($000) $1,651 Avg Close — Range —
Q1 2014
Shares 24,840 Value ($000) $1,837 Avg Close — Range —
Q4 2013
Shares 17,800 Value ($000) $1,436 Avg Close — Range —
Q3 2013
Shares 17,800 Value ($000) $1,421 Avg Close — Range —
Q2 2013
Shares 16,650 Value ($000) $1,422 Avg Close — Range —