SILVER EAGLE ACQUISITION COR

CUSIP: 827694209 Class: UNIT 99/99/9999

Watershed Asset Management, L.L.C.'s Holding History (CIK: 0001315926)

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

Q3 2014
Shares 450,000 Value ($000) $4,671 Avg Close — Range —
Q2 2014
Shares 450,000 Value ($000) $4,707 Avg Close — Range —
Q1 2014
Shares 450,000 Value ($000) $4,658 Avg Close — Range —
Q4 2013
Shares 450,000 Value ($000) $4,500 Avg Close — Range —
Q3 2013
Shares 450,000 Value ($000) $4,568 Avg Close — Range —