NORDIC AMERICAN TANKERS LIMI

Ticker: NAT CUSIP: G65773106 Class: Common Stock

CAPITAL FUND MANAGEMENT S.A.'s Holding History (CIK: 0001323645)

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

Q1 2017

Shares 198,645 Value ($000) $1,625 Avg Close $8.27 Range $7.65 - $9.32

Q4 2016

Shares 202,345 Value ($000) $1,700 Avg Close $8.89 Range $7.51 - $10.07

Q3 2016

Shares 138,150 Value ($000) $1,397 Avg Close $11.62 Range $9.77 - $14.30

Q2 2016

Shares 88,282 Value ($000) $1,226 Avg Close $14.56 Range $13.04 - $16.05

Q1 2016

Shares 56,292 Value ($000) $793 Avg Close $13.31 Range $9.86 - $15.45

Q4 2015

Shares 105,493 Value ($000) $1,639 Avg Close $15.16 Range $13.64 - $16.88

Q4 2014

Shares 21,439 Value ($000) $216 Avg Close $8.58 Range $6.89 - $10.34

Q2 2014

Shares 84,744 Value ($000) $808 Avg Close $8.56 Range $7.84 - $9.85

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	198,645	$1,625	$8.27	$7.65 - $9.32
Q4 2016	202,345	$1,700	$8.89	$7.51 - $10.07
Q3 2016	138,150	$1,397	$11.62	$9.77 - $14.30
Q2 2016	88,282	$1,226	$14.56	$13.04 - $16.05
Q1 2016	56,292	$793	$13.31	$9.86 - $15.45
Q4 2015	105,493	$1,639	$15.16	$13.64 - $16.88
Q4 2014	21,439	$216	$8.58	$6.89 - $10.34
Q2 2014	84,744	$808	$8.56	$7.84 - $9.85