PACIFIC ETHANOL INC

CUSIP: 69423U305 Class: COM

OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AM's Holding History (CIK: 0001132716)

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

Q4 2014
Shares 230,000 Value ($000) $2,376,000 Avg Close — Range —
Q3 2014
Shares 130,000 Value ($000) $1,815,000 Avg Close — Range —
Q2 2014
Shares 47,500 Value ($000) $726,000 Avg Close — Range —