NOVAGOLD RES INC

Ticker: NG CUSIP: 66987E206 Class: Common Stock

Allen Investment Management LLC's Holding History (CIK: 0001326234)

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

Q2 2014

Shares 13,185 Value ($000) $56 Avg Close $3.54 Range $2.91 - $4.40

Q1 2014

Shares 13,185 Value ($000) $48 Avg Close $3.41 Range $2.54 - $4.62

Q4 2013

Shares 13,185 Value ($000) $33 Avg Close $2.27 Range $2.04 - $2.58

Q3 2013

Shares 13,185 Value ($000) $31 Avg Close $2.61 Range $1.90 - $3.46

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	13,185	$56	$3.54	$2.91 - $4.40
Q1 2014	13,185	$48	$3.41	$2.54 - $4.62
Q4 2013	13,185	$33	$2.27	$2.04 - $2.58
Q3 2013	13,185	$31	$2.61	$1.90 - $3.46