STEEL DYNAMICS INC

CUSIP: 858119AP5 Class: CORPORATE OBLIG

Cutler Capital Management, LLC's Holding History (CIK: 0001353098)

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

Q1 2014
Shares 500,000 Value ($000) $541 Avg Close — Range —
Q4 2013
Shares 500,000 Value ($000) $588 Avg Close — Range —
Q3 2013
Shares 500,000 Value ($000) $546 Avg Close — Range —