LEVEL 3 COMMUNICATIONS INC

CUSIP: 52729N308 Class: COM NEW

Watershed Asset Management, L.L.C.'s Holding History (CIK: 0001315926)

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

Q3 2013
Shares 87,800 Value ($000) $2,343 Avg Close — Range —
Q2 2013
Shares 183,800 Value ($000) $3,875 Avg Close — Range —