ARDMORE SHIPPING CORP

Ticker: ASC CUSIP: Y0207T100 Class: Common Stock

CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT's Holding History (CIK: 0001329375)

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

Q2 2015

Shares 153,854 Value ($000) $1,863 Avg Close $9.07 Range $7.74 - $10.35

Q1 2015

Shares 153,854 Value ($000) $1,549 Avg Close $8.40 Range $7.37 - $9.58

Q4 2014

Shares 204,865 Value ($000) $2,452 Avg Close $7.91 Range $6.25 - $9.22

Q3 2014

Shares 221,865 Value ($000) $2,418 Avg Close $9.62 Range $8.19 - $10.39

Q2 2014

Shares 221,865 Value ($000) $3,068 Avg Close $10.14 Range $9.09 - $11.25

Q1 2014

Shares 269,969 Value ($000) $3,591 Avg Close $10.37 Range $9.30 - $11.42

Q4 2013

Shares 209,000 Value ($000) $3,252 Avg Close $9.71 Range $8.35 - $11.74

Q3 2013

Shares 209,000 Value ($000) $2,537 Avg Close $9.89 Range $8.85 - $10.36

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	153,854	$1,863	$9.07	$7.74 - $10.35
Q1 2015	153,854	$1,549	$8.40	$7.37 - $9.58
Q4 2014	204,865	$2,452	$7.91	$6.25 - $9.22
Q3 2014	221,865	$2,418	$9.62	$8.19 - $10.39
Q2 2014	221,865	$3,068	$10.14	$9.09 - $11.25
Q1 2014	269,969	$3,591	$10.37	$9.30 - $11.42
Q4 2013	209,000	$3,252	$9.71	$8.35 - $11.74
Q3 2013	209,000	$2,537	$9.89	$8.85 - $10.36