NATIONAL BK HLDGS CORP

Ticker: NBHC CUSIP: 633707104 Class: Common Stock

PAULSON & CO. INC.'s Holding History (CIK: 0001035674)

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

Q3 2013

Shares 2,175,155 Value ($000) $44,678 Avg Close $15.78 Range $14.58 - $16.85

Q2 2013

Shares 2,175,155 Value ($000) $42,851 Avg Close $14.46 Range $13.86 - $15.57

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	2,175,155	$44,678	$15.78	$14.58 - $16.85
Q2 2013	2,175,155	$42,851	$14.46	$13.86 - $15.57