PDL BIOPHARMA INC

CUSIP: 69329yae4 Class: NOTE 2.875% 2/1

PALISADE CAPITAL MANAGEMENT, LP's Holding History (CIK: 0001009006)

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

Q4 2013
Shares 2,500,000 Value ($000) $3,854 Avg Close — Range —
Q3 2013
Shares 2,500,000 Value ($000) $3,588 Avg Close — Range —
Q2 2013
Shares 5,000,000 Value ($000) $6,881 Avg Close — Range —
Q1 2013
Shares 5,000,000 Value ($000) $6,565 Avg Close — Range —
Q4 2012
Shares 5,000,000 Value ($000) $6,380 Avg Close — Range —