NORDIC AMERICAN TANKERS LIMI

Ticker: NAT CUSIP: G65773106 Class: Common Stock

Raab & Moskowitz Asset Management LLC's Holding History (CIK: 0001616664)

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

Q4 2014

Shares 7,200 Value ($000) $73 Avg Close $8.58 Range $6.89 - $10.34

Q3 2014

Shares 68,700 Value ($000) $546 Avg Close $8.73 Range $7.89 - $9.44

Q2 2014

Shares 55,700 Value ($000) $531 Avg Close $8.56 Range $7.84 - $9.85

Q1 2014

Shares 43,700 Value ($000) $430 Avg Close $10.10 Range $9.07 - $12.34

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	7,200	$73	$8.58	$6.89 - $10.34
Q3 2014	68,700	$546	$8.73	$7.89 - $9.44
Q2 2014	55,700	$531	$8.56	$7.84 - $9.85
Q1 2014	43,700	$430	$10.10	$9.07 - $12.34