SAFE BULKERS INC

Ticker: SB CUSIP: Y7388L103 Class: Common Stock

DRIEHAUS CAPITAL MANAGEMENT LLC's Holding History (CIK: 0000938206)

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

Q2 2017

Shares 97,455 Value ($000) $223 Avg Close $2.20 Range $1.77 - $2.60

Q1 2017

Shares 258,722 Value ($000) $569 Avg Close $1.54 Range $1.17 - $2.55

Q1 2014

Shares 308,824 Value ($000) $2,940 Avg Close $9.93 Range $8.65 - $11.48

Q4 2013

Shares 371,792 Value ($000) $3,867 Avg Close $7.94 Range $6.21 - $10.95

Q3 2013

Shares 194,373 Value ($000) $1,322 Avg Close $5.88 Range $4.78 - $7.65

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	97,455	$223	$2.20	$1.77 - $2.60
Q1 2017	258,722	$569	$1.54	$1.17 - $2.55
Q1 2014	308,824	$2,940	$9.93	$8.65 - $11.48
Q4 2013	371,792	$3,867	$7.94	$6.21 - $10.95
Q3 2013	194,373	$1,322	$5.88	$4.78 - $7.65