BALTIC TRADING LIMITED

CUSIP: Y0553W103 Class: CMN

STEELHEAD PARTNERS LLC's Holding History (CIK: 0001133521)

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

Q2 2015
Shares 510,000 Value ($000) $816 Avg Close — Range —
Q1 2015
Shares 1,200,000 Value ($000) $1,788 Avg Close — Range —
Q4 2014
Shares 1,200,000 Value ($000) $3,012 Avg Close — Range —
Q3 2014
Shares 1,262,801 Value ($000) $5,228 Avg Close — Range —
Q2 2014
Shares 901,501 Value ($000) $5,391 Avg Close — Range —
Q1 2014
Shares 34,125 Value ($000) $215 Avg Close — Range —