STAR BULK CARRIERS CORP.

Ticker: SBLK CUSIP: Y8162K204 Class: Common Stock

Monarch Alternative Capital LP's Holding History (CIK: 0001281084)

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

Q2 2017

Shares 20,000 Value ($000) $197 Avg Close $9.29 Range $7.57 - $13.40

Q1 2017

Shares 20,000 Value ($000) $238 Avg Close $9.04 Range $5.21 - $12.25

Q4 2016

Shares 20,000 Value ($000) $102 Avg Close $4.95 Range $4.04 - $6.10

Q3 2016

Shares 2,343,893 Value ($000) $10,641 Avg Close $4.22 Range $2.92 - $5.54

Q2 2016

Shares 2,349,859 Value ($000) $6,956 Avg Close $4.02 Range $2.61 - $6.10

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	20,000	$197	$9.29	$7.57 - $13.40
Q1 2017	20,000	$238	$9.04	$5.21 - $12.25
Q4 2016	20,000	$102	$4.95	$4.04 - $6.10
Q3 2016	2,343,893	$10,641	$4.22	$2.92 - $5.54
Q2 2016	2,349,859	$6,956	$4.02	$2.61 - $6.10