INTELSAT S A

Ticker: I 5.75 05/01/16 A CUSIP: L5140P119 Class: MAN CONV JR PFD

PALISADE CAPITAL MANAGEMENT, LP's Holding History (CIK: 0001009006)

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

Q1 2015
Shares 12,188 Value ($000) $440 Avg Close — Range —
Q4 2014
Shares 12,188 Value ($000) $573 Avg Close — Range —
Q3 2014
Shares 37,606 Value ($000) $13,014 Avg Close — Range —
Q2 2014
Shares 12,188 Value ($000) $622 Avg Close — Range —
Q1 2014
Shares 12,100 Value ($000) $642 Avg Close — Range —