NEW GOLD INC CDA

Ticker: NGD CUSIP: 644535106 Class: COM

PINNACLE ASSOCIATES LTD's Holding History (CIK: 0000743127)

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

Q1 2014

Shares 10,000 Value ($000) $49 Avg Close $5.77 Range $4.88 - $6.52

Q4 2013

Shares 225,000 Value ($000) $1,179 Avg Close $5.44 Range $4.68 - $6.42

Q3 2013

Shares 224,500 Value ($000) $1,343 Avg Close $6.81 Range $5.95 - $8.10

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	10,000	$49	$5.77	$4.88 - $6.52
Q4 2013	225,000	$1,179	$5.44	$4.68 - $6.42
Q3 2013	224,500	$1,343	$6.81	$5.95 - $8.10