PANIN FINANCIAL

CUSIP: b70f8h6 Class: WT

BECK MACK & OLIVER LLC's Holding History (CIK: 0000010742)

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

Q3 2014
Shares 14,048,000 Value ($000) $156 Avg Close — Range —
Q2 2014
Shares 14,048,000 Value ($000) $128 Avg Close — Range —
Q1 2014
Shares 14,048,000 Value ($000) $158 Avg Close — Range —
Q4 2013
Shares 14,048,000 Value ($000) $82 Avg Close — Range —
Q3 2013
Shares 14,048,000 Value ($000) $80 Avg Close — Range —
Q2 2013
Shares 14,048,000 Value ($000) $126 Avg Close — Range —