ARDMORE SHIPPING CORP

Ticker: ASC CUSIP: Y0207T100 Class: Common Stock

Arosa Capital Management LP's Holding History (CIK: 0001596053)

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

Q1 2016

Shares 350,000 Value ($000) $2,958 Avg Close $7.24 Range $5.74 - $10.19

Q4 2015

Shares 350,000 Value ($000) $4,452 Avg Close $10.03 Range $8.94 - $11.78

Q3 2015

Shares 178,000 Value ($000) $2,150 Avg Close $9.69 Range $7.56 - $11.73

Q2 2015

Shares 178,000 Value ($000) $2,156 Avg Close $9.07 Range $7.74 - $10.35

Q1 2015

Shares 199,590 Value ($000) $2,010 Avg Close $8.40 Range $7.37 - $9.58

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	350,000	$2,958	$7.24	$5.74 - $10.19
Q4 2015	350,000	$4,452	$10.03	$8.94 - $11.78
Q3 2015	178,000	$2,150	$9.69	$7.56 - $11.73
Q2 2015	178,000	$2,156	$9.07	$7.74 - $10.35
Q1 2015	199,590	$2,010	$8.40	$7.37 - $9.58