MORGANS HOTEL GROUP CO

CUSIP: 61748WAB4 Class: NOTE 2.375%10/1

WATER ISLAND CAPITAL LLC's Holding History (CIK: 0001222765)

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

Q2 2014
Shares 10,000,000 Value ($000) $9,900,000 Avg Close — Range —
Q1 2014
Shares 10,000,000 Value ($000) $9,900 Avg Close — Range —
Q4 2013
Shares 6,000,000 Value ($000) $5,820 Avg Close — Range —