PACIFIC ETHANOL INC

CUSIP: 69423U305 Class: COM

CAPITAL FUND MANAGEMENT S.A.'s Holding History (CIK: 0001323645)

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

Q1 2015
Shares 29,100 Value ($000) $314 Avg Close — Range —
Q4 2014
Shares 96,354 Value ($000) $995 Avg Close — Range —
Q2 2014
Shares 24,949 Value ($000) $381 Avg Close — Range —