SHIP FINANCE INTERNATIONAL L

Ticker: SFL 3.25 02/01/18 CUSIP: G81075AE6 Class: NOTE 3.250% 2/0

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q3 2017
Shares 30,568,000 Value ($000) $33,575 Avg Close — Range —
Q2 2017
Shares 33,568,000 Value ($000) $35,749 Avg Close — Range —
Q1 2017
Shares 33,568,000 Value ($000) $36,393 Avg Close — Range —
Q4 2016
Shares 30,568,000 Value ($000) $33,396 Avg Close — Range —
Q3 2016
Shares 24,855,000 Value ($000) $26,995 Avg Close — Range —
Q2 2016
Shares 18,500,000 Value ($000) $19,518 Avg Close — Range —
Q1 2016
Shares 7,100,000 Value ($000) $6,920 Avg Close — Range —
Q4 2015
Shares 7,100,000 Value ($000) $7,645 Avg Close — Range —
Q3 2015
Shares 7,100,000 Value ($000) $7,488 Avg Close — Range —
Q2 2015
Shares 7,100,000 Value ($000) $7,579 Avg Close — Range —
Q1 2015
Shares 7,100,000 Value ($000) $7,072 Avg Close — Range —