RAIT FINANCIAL TRUST

CUSIP: 749227AB0 Class: NOTE 4.000%10/0

LINDEN ADVISORS LP's Holding History (CIK: 0001279396)

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

Q3 2014
Shares 1,500,000 Value ($000) $1,399 Avg Close — Range —
Q2 2014
Shares 8,000,000 Value ($000) $7,839 Avg Close — Range —
Q1 2014
Shares 15,206,000 Value ($000) $15,000 Avg Close — Range —
Q4 2013
Shares 16,000,000 Value ($000) $15,923 Avg Close — Range —