RAYONIER TRS HLDGS INC

CUSIP: 75508aac0 Class: NOTE 4.500% 8/1

PALISADE CAPITAL MANAGEMENT, LP's Holding History (CIK: 0001009006)

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

Q3 2013
Shares 541,000 Value ($000) $917 Avg Close — Range —
Q2 2013
Shares 1,041,000 Value ($000) $1,748 Avg Close — Range —
Q1 2013
Shares 1,041,000 Value ($000) $1,876 Avg Close — Range —
Q4 2012
Shares 1,041,000 Value ($000) $1,647 Avg Close — Range —