RAIT FINANCIAL TRUST

CUSIP: 749227609 Class: COM NEW

PARADIGM CAPITAL MANAGEMENT INC/NY's Holding History (CIK: 0001037792)

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

Q4 2013
Shares 55,075 Value ($000) $494 Avg Close — Range —
Q3 2013
Shares 110,050 Value ($000) $779 Avg Close — Range —
Q2 2013
Shares 110,050 Value ($000) $828 Avg Close — Range —