INTELSAT S A

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

Penn Capital Management Company, LLC's Holding History (CIK: 0001158202)

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

Q2 2014
Shares 9,860 Value ($000) $502 Avg Close — Range —
Q1 2014
Shares 117,670 Value ($000) $6,313 Avg Close — Range —
Q4 2013
Shares 63,410 Value ($000) $3,709 Avg Close — Range —
Q3 2013
Shares 63,410 Value ($000) $3,872 Avg Close — Range —
Q2 2013
Shares 106,970 Value ($000) $5,883 Avg Close — Range —