PENNEY J C INC

CUSIP: 708160106 Class: COM

SHAH CAPITAL MANAGEMENT's Holding History (CIK: 0001383838)

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

Q4 2013
Shares 144,000 Value ($000) $1,317 Avg Close — Range —
Q3 2013
Shares 45,000 Value ($000) $396 Avg Close — Range —