SAFE BULKERS INC

Ticker: SB CUSIP: Y7388L103 Class: Common Stock

WBH ADVISORY INC's Holding History (CIK: 0001259671)

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

Q3 2014

Shares 13,675 Value ($000) $91 Avg Close $8.06 Range $6.65 - $9.92

Q2 2014

Shares 13,675 Value ($000) $133 Avg Close $8.70 Range $7.76 - $10.18

Q1 2014

Shares 13,675 Value ($000) $130 Avg Close $9.93 Range $8.65 - $11.48

Q4 2013

Shares 15,925 Value ($000) $165 Avg Close $7.94 Range $6.21 - $10.95

Q3 2013

Shares 15,575 Value ($000) $106 Avg Close $5.88 Range $4.78 - $7.65

Q2 2013

Shares 15,925 Value ($000) $84 Avg Close $5.08 Range $4.59 - $5.75

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	13,675	$91	$8.06	$6.65 - $9.92
Q2 2014	13,675	$133	$8.70	$7.76 - $10.18
Q1 2014	13,675	$130	$9.93	$8.65 - $11.48
Q4 2013	15,925	$165	$7.94	$6.21 - $10.95
Q3 2013	15,575	$106	$5.88	$4.78 - $7.65
Q2 2013	15,925	$84	$5.08	$4.59 - $5.75