PARAGON SHIPPING INC

CUSIP: 69913R408 Class: CL A NEW

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

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

Q3 2014
Shares 361,747 Value ($000) $1,443 Avg Close — Range —
Q2 2014
Shares 361,747 Value ($000) $2,138 Avg Close — Range —
Q1 2014
Shares 428,963 Value ($000) $2,938 Avg Close — Range —
Q3 2013
Shares 435,000 Value ($000) $2,514 Avg Close — Range —