YAMANA GOLD INC

CUSIP: 98462y100 Class: Common Stock

CAPITAL MANAGEMENT ASSOCIATES /NY/'s Holding History (CIK: 0000825293)

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

Q1 2014
Shares 20,000 Value ($000) $176 Avg Close — Range —
Q4 2013
Shares 20,000 Value ($000) $172 Avg Close — Range —
Q3 2013
Shares 20,000 Value ($000) $208 Avg Close — Range —
Q2 2013
Shares 20,000 Value ($000) $190 Avg Close — Range —