NORDIC AMERICAN TANKERS LIMI

Ticker: NAT CUSIP: G65773106 Class: Common Stock

Janney Montgomery Scott LLC's Holding History (CIK: 0001329948)

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

Q1 2015

Shares 10,050 Value ($000) $120 Avg Close $10.57 Range $9.08 - $11.98

Q4 2014

Shares 13,050 Value ($000) $131,414 Avg Close $8.58 Range $6.89 - $10.34

Q3 2014

Shares 12,050 Value ($000) $95,798 Avg Close $8.73 Range $7.89 - $9.44

Q2 2014

Shares 22,995 Value ($000) $219,142 Avg Close $8.56 Range $7.84 - $9.85

Q1 2014

Shares 16,295 Value ($000) $160,343 Avg Close $10.10 Range $9.07 - $12.34

Q2 2013

Shares 11,250 Value ($000) $85,163 Avg Close $8.57 Range $6.85 - $11.30

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	10,050	$120	$10.57	$9.08 - $11.98
Q4 2014	13,050	$131,414	$8.58	$6.89 - $10.34
Q3 2014	12,050	$95,798	$8.73	$7.89 - $9.44
Q2 2014	22,995	$219,142	$8.56	$7.84 - $9.85
Q1 2014	16,295	$160,343	$10.10	$9.07 - $12.34
Q2 2013	11,250	$85,163	$8.57	$6.85 - $11.30