tourmaline partners Blotter for 12/16/2011 Client Trade Date Settle Date Side Security Description Amount AvgPrice CommPate NetMoney © Broker = Cusstedian Fees Commission Tour Street Currency Comm Type ANT — 12/16/2011 12/21/2011 Shon MAKO = MAKOSURGICALCOR 16,000 26.9258 0.0125 421,004.50 NITA MSCO 810 200.00 200.00 0.00 0.00 USD PerUinit ANT — (12/16/2011 12/21/2011 Shon MAKO = -MAKOSURGICALCOR —9,000 26.3363 0.0125 236,908.64 REDI Msco 456 1250 © 112.80 0.00 0.00 Uso Pertinit ANT = 12/16/2011 12/21/2011 Buy OT DIRECTV CLA 35,000 42.6893 0.0125 1,494,564.50 NITA BARC 0.00 437.50 437.50 0.00 0.00 USO Pertinit ANT = 12/16/2011 12/21/2011 Buy = DTV DIRECTV CLA 15,000 43.6568 0.0125 655,039.50 REDI BARC 0.00 187.50 187.50 0.00 0.00 USD PerUinit ANT — 12/16/2011 12/21/2011 Cover NOAH NOAH HOLDINGS LTD 8,570 7.3000 0.0325 62,839.53 CANT FBS 0.00 278.53 107.13 0.00 = 171.40 USD PerUinit ANT — 12/16/2011 12/21/2011 Cover NOAH NOAH HOLDINGS LTD 12,730 7.3000 0.0325 98,342.73 CANT @sco 0.00 413.73 159.13 0.00 254.60 USO Pertinit ANT — 12/16/2011 12/21/2011 Cover NOAH NOAH HOLDINGS LTD 16,338 7.3287 0.0125 119,940.55 NITA FIBS 0.00 204.23 204.23 0.00 0.00 Uso Pertinit ANT — 12/16/2011 12/21/2011 Cover NOAH NOAH HOLDINGS LTD 24,262 7.3287 0.0125 178,112.24 NITA Gsco 0.00 303.28 © 903.28 0.00 0.00 USD PerUinit ANT — 12/16/2011 12/21/2011 Cover NOAH NOAH HOLDINGS LTD 15,331 7.3275 0.0125 112,528.92 REDI FIBS 0.00 191.64 = 191.64 0.00 0.00 Uso Pertinit ANT — 12/16/2011 12/21/2011 Cover NOAH NOAH HOLDINGS LTD 22,769 7.3275 0.0125 167,125.01 REDI @sco 0.00 284.61 284.61 0.00 0.00 USO Pertinit ANT — 12/16/2011 12/21/2011 Shor BPI BRIDGEPOINT EDUCAT — 28,200 20.8802 0.0125 546,722.27 NITA BARC 1051 327.50 327.50 0.00 0.00 USD PerUinit ANT — 12/16/2011 12/21/2011 Shon BPI BRIDGEPOINT EDUCAT 3,800 21.6146 0.0125 298,103.25 REDI BARC 573 172.80 172.50 0.00 0.00 USD PerUinit ANT — 12/16/2011 12/21/2011 Shon TPX TEMPUR PEDIC INTLIN 10,000 82.7445 0.0125 527,308.87 NITA @sco 10.13 125.00 125.00 0.00 0.00 Uso Pertinit ANT — 12/16/2011 12/21/2011 Shon TPX TEMPUR PEDIC INTLIN 15,000 52.5119 0.0125 787,475.87 REDI sco 15.13 187.50 187.50 0.00 0.00 Uso Pertinit ANT = 12/16/2011 12/21/2011 Shon HLF HERBALIFE LTD 5,300 51.3209 0.0125 271,928.29 NITA Msco 5.23 66.25 66.25 0.00 0.00 USD PerLinit ANT — 12/16/2011 12/21/2011 Shon HLF HERBALIFE LTD 19,700 51.2505 0.0125 1,009,269.21 REDI MScO 19.39 246.25 246.25 0.00 0.00 USD PerUinit ANT 12/16/2011 12/21/2011 Shon USNA USANA HEALTH SCIEN 6,925 30.2514 0.0125 209,400.36 NITA Msco 4.03 86.56 86.56 0.00 0.00 Uso PerUinit ANT 12/16/2011 12/21/2011 Short USNA USANA HEALTH SCIEN 7,075 29.9546 0.0125 211,838.29 REDI MScO 407 88.44 88.44 0.00 0.00 USD PerUinit ANT — 12/16/2011 12/21/2011 Short SHLD SEARS HOLDINGS CP 700 49.9943 0.0125 34,986.58 NITA Gsco 068 8.75 8.75 0.00 0.00 USD PerLinit ANT — 12/16/2011 12/21/2011 Shon SHLD. SEARS HOLDINGS CP 18,400 48.9970 0.0125 901,297.49 REDI @sco 17.31 230.00 230.00 0.00 0.00 Uso Pertinit ANT — 12/16/2011 12/21/2011 Sell — MENT MENTOR GRAPHICSG = 1,750 12.6800 0.0125 22,167.69 NITA Msco 043 21.88 21.88 0.00 0.00 USO Pertinit ANT — 12/16/2011 12/21/2011 Sell — MENT MENTOR GRAPHICS G = 23,250 12.6538 0.0125 293,904.57 REDI MScO 5.65 230.63 290.63 0.00 0.00 USD PerUinit ANT — 12/16/2011 12/21/2011 Shon ENA ENERGIZERHLOGSIN 7,000 74,5798 0.0125 521,961.07 NITA Msco 10.03 87.50 87.50 0.00 0.00 USD PerUinit ANT 12/16/2011 12/21/2011 Shon ENR ENERGIZER HLOGSIN 8,000 74,4385 0.0125 595,396.56 REDI MscO 11.44 100.00 = 100.00 0.00 0.00 Uso Pertinit ANT TOTALS: 338,100 9,773,268.48 USD 13242 4652.28 © 4,226.25 0.00 426.00 CLW = 12/16/2011 12/21/2011 Sell EXE-UCN EXTENDICAREREALE 61,700 8.0935 0.0150 494,741.45 CCAD BMOC 0.00 909.67 909.67 0.00 0.00 CAD PerUinit CLW TOTALS: 61,700 486,281.37 USD 0.00 909.67 908.67 0.00 0.00 COG = 12/16/2011 12/21/2011 Sell SSI INTEGRATED SILICON 700 9.1643 0.0400 6,386.88 NITA MScO 0413 28.00 14.00 14.00 0.00 USD PerUinit COG 12/16/2011 12/21/2011 Sell SSI INTEGRATED SILICON 12,700 9.1169 0.0400 115,274.40 REDI MSscO 223 506.00 254.00 254.00 0.00 USO Pertinit COG TOTALS: 13,400 121,661.28 USD 236 536.00 268.00 288.00 0.00 CVS 12/16/2011 12/21/2011 Buy = LBTYA LIBERTY GLOBAL A 10,000 39.4843, 0.0300 395,143.00 BBTT @sco 0.00 300.00 = 100.00 0.00 = 200.00 USO Pertinit CVS 12/16/2011 12/21/2011 Buy = LBTYA —_LIBERTY GLOBALA 10,000 40.1467 0.0300 401,767.00 LAZA GSco 0.00 300.00 100.00 0.00 = 200.00 USO PerUinit CVS 12/16/2011 12/21/2011 Buy = LBTYA —_LIBERTY GLOBALA 70,000 39.6016 0.0300 2,774.215.39 NITA sco 0.00 2,100.00 2,100.00 0.00 0.00 USD PerLinit CVS 12/16/2011 12/21/2011 Buy = LBTYA LIBERTY GLOBALA 10,000 39.5103 0.0300 395,403.00 RAYF 6sco 0.00 300.00 = 190.00 0.00 200,00 USO Pertinit cvs = 12/16/2011 12/21/2011 Buy == TLAB. TELLABS INC 75,000 3.8568 0.0300 291,507.50 NITA @sco 0.00 2,250.00 2,250.00 0.00 0.00 Uso Pertinit 1ofé6 EFTA00284333

--=PAGE_BREAK=--

tourmaline Panes Blotter for 12/16/2011 Client Trade Date SettleDate Side ‘Security Description Amount Avg Price CommRate Net Money Broker Custedian Fees Commission Tour Poot ‘Street Currency Comm Type cvs 12/16/2011 12/21/2011 Shon PAGO PERRIGO CO 25,000 98.3008 0.0000 2,456,72281 REDI Gsco 47.19 750.00 750.00 0.00 0.00 USD PerUnit CVS TOTALS: 200,000 6,714.758.70 USD 47.19 6,000.00 5,400.00 0.00 600.00 cvxK 12/16/2011 12/21/2011 Sell 2ZNGA ZYNGA CLA 3,750 11,0000, 0.0200 41,174.20 NITE @sco 0.80 75.00 0.00 0.00 75.00 USO PerUnit cvxK 12/16/2011 12/21/2011 Sell ZNGA ZYNGA CLA 3,750 11,0000 0,0200 41,174.20 NITE JPMS: 0.380 75.00 0.00 0.00 75.00 USO PerUnit cvx 12/16/2011 12/21/2011 Sell ZNGA ZYNGACLA 1,250 9.5000 0.0200 11,849.77 REDI Gsco 023 25.00 25.00 0.00 0.00 USD PerUnit cvx 12/16/2011 12/21/2011 Sell ZNGA ZYNGA CLA 1,250 9.5000 0.0200 11,849.77 REDI JPMS 0.23 25.00 25.00 0.00 0.00 USO PerUnit CVX TOTALS: 10,000 106,047.94 USD 206 200.00 50.00 0.00 150.00 EAR 12/16/2011 12/21/2011 Shon = PTGI PRIMUS TELECOMMUN 1,000 11,6500 0,0000 11,649.77 TOUR GSEC 0.23 0.00 0.00 0.00 0.00 USO PerUnit EAR TOTALS: 1,000 11,649.77 USD 023 0.00 0.00 0.00 0.00 GHL 12/16/2011 12/21/2011 Sell CHTR CHARTER COMMUNIC 100 55.0700 0,0200 5,504.89 FOMA BARC OW 2.00 2.00 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Sell CHTR CHARTER COMMUNIC 4,007 55.0000 0.0200 220,300.62 NITA BARC 424 80.14 80.14 0.00 0.00 USD PerUnit GHL 12/16/2011 12/21/2011 Shon KSS KOHLS CORP 7.691 49.2685 0.0200 378,762.93 FOMA JPMS 726 153.82 153.82 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Shon KSS KOHLS CORP 37,309 49.2766 0.0200 1,837,680.12 NITA JPMS: 35.33 746.18 746.18 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Shon KSS KOHLS CORP 30,000 49.1622 0.0200 1,474.237.68 REDI JPMS 28.32 600.00 600.00 0.00 0.00 USD PerUnit GHL 12/16/2011 12/21/2011 Sell CVA COVANTA HLOG CORP 15,000 13.3262 0.0200 199,589.16 NITA Gsco 384 0.00 0.00 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Sell sTwD STARWOOD PROPERT 10,000 18.9114 0.0200 188,910.36 NITA @sco 364 200.00 200.00 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Sell PBY PEP BOYS MANNY MO 11,100 10.9771 0,0200 121,621.47 CVGXA BARC 234 222.00 222.00 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Sell MTOR MERITOR INC 1,600 5.019 0.0200 8770.87 CVGXA Gsco O17 32.00 32.00 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Sell cve CABLEVISION SYS CO 53,436 11.9025 0.0200 634,941.05 FCMA JPMS 1222 1,068.72 1,088.72 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Sell ove CABLEVISION SYS CO 2,500 11,8850 0.0200 29,661.92 JEFA PMS 058 50.00 50.00 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Sell cvce CABLEVISION SYS CO 5,200 11.9832 0.0200 63,297.74 NITA JPMS 1.22 106.00 106.00 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Sell cvc CABLEVISION SYS CO 420,643 11.6431 0.0200 5,091,437.32 ABCA JPMS 97.93 8,612.86 8,612.86 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Sell cve CABLEVISION SYS CO 8,121 11,9223 0,0200 96,656.72 REDI JPMS: 186 162.42 162.42 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Shon EXPR EXPRESS ING 100,000 20.0755 0.0200 2,005,511.45 FOMA JPMS 3855 2,000.00 2,000.00 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Buy cvc CABLEVISION SYS CO 457,098 11.7003 0.0200 5,357,314.76 NITA JPMS 0.00 9,141.96 9,141.96 0.00 0.00 USO PerUnit GHL 12/16/2011 12/21/2011 Buy cvce (CABLEVISION SYS CO 42,902 VWAT17S 0.0200 503,559.16 REDI JPMS 0.00 856.04 856.04 0.00 0.00 USD PerUnit GHL TOTALS: 1at620 18,217,758.22 USD 23763 24,336.14 24.336.14 0.00 0.00 HAB 12/16/2011 12/20/2011 Sell 958 HK HUANENG RENEWABL = 500,000 1.8778 15,0000 936,477.56 CVGXA osco 1014.11 181.25 145.00 0.00 36.25 HKD BasisPomt HAB TOTALS: 500,000 120,524.66 USD 10d 181.25 145.00 0.00 36.25 WT 12/16/2011 12/21/2011 Buy oGu DIGI INTL INC 30,000 10.4990 0.0600 316,470.00 DOTC JPMS 0.00 1,500.00 600.00 0.00 900.00 USD PerUnit IVT TOTALS: 30,000 316,470.00 USD 0.00 1,500.00 600.00 0.00 900.00 KAN 12/16/2011 12/21/2011 Buy WBC WABCO HLDGS INC 1,500 40.9967 0.0200 61,525.05 REDI JPMS 0.00 30.00 30.00 0.00 0.00 USO PerUnit KAN TOTALS: 1,500 61,525.05 USD 0.00 30.00 30.00 0.00 0.00 KNM 12/16/2011 12/21/2011 Sell cCoMMWw CHARTER COMMUNIC 31,178 15.0779 0.0600 468,530.84 NITE sco 9.03 1,558.90 623.56 0.00 935.44 USO PerUnit KNM TOTALS: 31,178 468,530.84 USD 9.03 1,558.90 623.56 0.00 935.4 20f6 EFTA00284334

--=PAGE_BREAK=--

Blotter for 12/16/2011 Clent Trade Date Settle Date Side ‘Security Descripsion Amount Avg Price CommRate Net Money Broker Custodian Fees Cammission Tour ‘Street Currency Comm Type McC 12/16/2011 12/21/2011 Buy CHUX OCHARLEY'S INC 190,149 5.3000 0.0400 1,015,395.66 JONE BONY 0.00 7,605.96 3,802.98 0.00 = 3,802.98 USD PerUnit McG 12/16/2011 12/21/2011 Buy CHUX OCHARLEY'S INC 4,304 5.3000 0.0400 22,983.36 JONE CHAS 0.00 W216 86.08 0.00 86.08 USO PerUnit mcc V26201% 12/21/2011 Buy CHUX OCHKARLEY'S INC W147 5.3000 0.0400 61,660.98 JONE Firs 0.00 461.88 230.64 0.00 230.94 USD PerUnit McC 1216/2011 = 12/21/2011 Buy CHUX O'CHARLEY'S INC 646 6.2000 0.0200 3,972.12 NITA BONY 0.00 12.92 12.92 0.00 0.00 USD PerUnit McC 12/16/2011 12/21/2011 Buy CHUX O'CHARLEY'S INC 14 5.2000 0.0200 73.08 NITA CHAS 0.00 0.28 0.28 0.00 0.00 USO PerUnit McG 1262011 12/21/2011 Buy CHUX OCHARLEY'S INC 40 5.2000 0.0200 208.80 NITA FITS 0.00 0.80 0.80 0.00 0.00 USO PerUnit mcc W26201t 12/21/2011 Buy CHUX OCHARLEY'S INC 8,625 5.2446 0.0200 45,407.18 RED! BONY 0.00 172.50 172.50 0.00 0.00 USO PerUnit McC 12/16/2011 12/21/2011 Buy CHUX OCHARLEY'S INC 195 5.2446 0.0200 1,026.60 REDI CHAS 0.00 3.90 3.90 0.00 0.00 USD PerUnit mcc W26/201% 12/21/2011 Buy CHUX OCHARLEY'S INC 523 5.2446 0.0200 2,753.39 RED! Firs 0.00 10.46 10.46 0.00 0.00 USO PerUnit MCG 1216/2011 12/21/2011 Sell xLS EXELIS INC 36,788 8.5003 0.0400 = 328,151.78 JPMS BONY 634 1,551.52 775.76 0.00 775.76 USO PerUnit McC 12/16/2011 12/21/2011 Sell xLS EXELIS INC 180,083 8.5003 0.0400 1,269.722.58 JPMS CHAS 24.62 6,003.32 3,001.66 0.00 3,001.66 USD PerUnit McC 12/16/2011 12/21/2011 Sell xL”S EXELIS INC 5,599 8.5003 0.0400 47,368.30 JPMS FIDU 092 223.96 111.98 0.00 111.98 USD PerUnit McG 12/16/2011 12/21/2011 Sell xLS EXELIS INC 2,352 8.5003 0.0400 19,898.24 JPMS FITS 039 94.08 47.04 0.00 47.04 USO PerUnit mcc 1216/2011 12/21/2011 Sell xLS EXELIS INC 69,719 8.5003 0.0400 589,832.26 JPMS JPMS 11.40 2,788.76 1,394.38 0.00 1,394.38 USD PerUnit McC 12/16/2011 12/21/2011 Sell xLS EXELIS INC 3,102 8.5003 0.0400 26.243.34 JPMS MAIS O5t 124.08 62.04 0.00 62.04 USD PerUnit MCC 12/16/2011 12/21/2011 Sell xLS EXELIS INC 23,215 8.5003 0.0400 196,402.07 JPMS NTRS a79 928.60 464.00 0.00 464.30 USD PerUnit McG 1262011 12/21/2011 Sell xLS EXELIS INC 74,963 8.5003 0.0400 634,197.22 JPMS SsBS 1225 2,996.52 1,499.26 0.00 1,499.26 USD PerUnit MCC 12/16/2011 12/21/2011 Sell xLS EXELIS INC 14,218 8.5003 0.0400 120,286.22 JPMS WCHY 233 568.72 284.36 0.00 284.36 USD PerUnit McC 12/16/2011 12/21/2011 Sell xL”S EXELIS INC 3,006 8.5023 0.0200 25,497.18 NITA BONY 0.50 60.12 60.12 0.00 0.00 USD PerUnit mcc V26/2011 12/21/2011 Sell xLS EXELIS INC 11,626 8.023 0.0200 98,612.53 NITA CHAS 227 232.52 232.52 0.00 0.00 USO PerUnit McG 1262011 12/21/2011 Sell xLS EXELIS INC 436 8.023 0.0200 3,698.18 NITA FibU 0.08 8.72 8.72 0.00 0.00 USD PerUnit McC 12/16/2011 12/21/2011 Sell xLS EXELIS INC 182 8.5022 0.0200 1,543.73 NITA Fre 0.04 3.64 3.64 0.00 0.00 USO PerUnit McC 12/16/2011 12/21/2011 Sell xLS EXELIS INC 5,406 8.5023 0.0200 45,854.17 NITA JPMS 0.92 108.12 108.12 0.00 0.00 USD PerUnit McG 1216/2011 12/21/2011 Sell xLS EXELIS INC 240 8.023 0.0200 2,035.69 NITA MAIS 0.05 4.80 4.80 0.00 0.00 USO PerUnit mcc 12/16/2011 12/21/2011 Sell xL”S EXELIS INC 1,801 8.5023 0.0200 15,276.24 NITA NTRS O31 36.02 36.02 0.00 0.00 USD PerUnit McC 12/16/2011 12/21/2011 Sell xLS EXELIS INC 5,809 6.5023 0.0200 49,272.46 NITA SSBS 098 116.18 116.18 0.00 0.00 USO PerUnit mcc 1216/2011 12/21/2011 Sell XLS EXELIS INC 1,104 8.5023 0.0200 9,364.22 NITA WCHY O19 22.08 22.08 0.00 0.00 USO PerUnit McG 1262011 12/21/2011 Sell xLS EXELIS INC 1,081 8.5000 0.0200 9,166.69 RED! BONY O19 21.62 21.62 0.00 0.00 USO PerUnit MCC 12/16/2011 12/21/2011 Sell xLS EXELIS INC 4,179 8.5000 0.0200 35,436.81 RED! CHAS wit 83.58 83.58 0.00 0.00 USD PerUnit McC 12/16/2011 12/21/2011 Sell xLS EXELIS INC 155 6.5000 0.0200 1,314.36 REDI FIDU 0.04 3.10 3.10 0.00 0.00 USD PerUnit mcc V2N6/2011 12/21/2011 Sell XLS EXELIS INC oT 38.5000 0.0200 568.14 REDI Firs 0.02 1s 1s 0.00 0.00 USD PerUnit McG 1216/2011 12/21/2011 Sell xLS EXELIS INC 1,940 8.000 0.0200 16,450.85 RED! JPMS 0.35 38.80 38.80 0.00 0.00 USO PerUnit MCC 12/16/2011 12/21/2011 Sell xLS EXELIS INC 3B 8.5000 0.0200 746.21 REDI MAIS 0.03 1.76 1.76 0.00 0.00 USO PerUnit MCG 1262011 12/21/2011 Sell xLS EXELIS INC 45 8.000 0.0200 5469.47 RED! NTRS O13 12.90 12.90 0.00 0.00 USD PerUnit McG W2N6/2011 12/21/2011 Sell xLS EXELIS INC 2,089 8.5000 0.0200 17,714.35 REDI SsBs 037 4178 4178 0.00 0.00 USO PerUnit McC 12/16/2011 12/21/2011 Sell xLS EXELIS INC 395 8.5000 0.0200 3,349.52 RED! WCHY 0.08 7.90 7.90 0.00 0.00 USD PerUnit McC 12/16/2011 12/21/2011 Sell xLS EXELIS INC 5,076 8.5000 0.0400 42,942.12 WBLR BONY 083 203.04 101.62 0.00 101.52 USD PerUnit mcc 1216/2011 12/21/2011 Sell xLS EXELIS INC 19,650 8.5000 0.0400 166,235.66 WBLR CHAS 334 786.00 393.00 0.00 393.00 USO PerUnit 3o0f6 EFTA00284335

--=PAGE_BREAK=--

tourmaline Blotter for 12/16/2011 Client Trade Date Settle Date Side Security Descripsion Amount AvgPrice CommRate NetMoney Broker = Custedian Fees Commission Tour Street Currency Comm Type MCC 12/16/2011 12/21/2011 Sell XLS EXELIS INC 732 8.5000 0.0400 6,192.60 WBLR FIDU 012 29.28 14.64 0.00 14.64 USD PerUinit MCC 12/16/2011 12/21/2011 Sell «XLS. EXELIS INC 307 8.5000 0.0400 2597.16 WELR Firs 0.06 12.28 6.14 0.00 6.14 USO Pertinit MCG 12/16/2011 12/21/2011 Sell XLS. EXELIS INC 9,123 3.5000 0.0400 © 77,178.07 WLR = JPMS. 151 364.92 182.46 0.00 182.46 USD Pertinit MCC 12/16/2011 12/21/2011 Sell XLS EXELIS INC 408 8.5000 0.0400 3434.69 WELR = MAIS 0.07 16.24 8.12 0.00 8.12 USD PerUinit MCC 12/16/2011 12/21/2011 Sell XLS EXELIS INC 3,037 8.5000 0.0400 2569252 WBLR = NTRS 050 121.48 60.74 0.00 60.74 USD PerUnit MCC 12/16/2011 12/21/2011 Sell XLS. EXELIS INC 9,809 8.5000 0.0400 82,982.52 WEL. sses 1.62 392.36 196.18 0.00 196.18 USO Pertinit MCC 12/16/2011 12/21/2011 Sell «XLS. EXELIS INC 1,860 3.5000 0.0400 © 15,735.28 WLR = WCHY o3t 74.40 37.20 0.00 37.20 USO Pertinit MCC TOTALS: 688,331 5,149,345.60 USD 7857 26,527.40 13,786.62 0.00 12,780.78 MPK = 12/16/2011 12/21/2011 Sell SPN SUPERIORENERGYS 16,000 26.7415 0.0200 427,535.78 REDI CHAS 822 320.00 320.00 0.00 0.00 USD PerUinit MPK «= «12/16/2011 12/21/2011 Buy CPX COMPLETE PRODUCTI 13,500 32,0870 0.0200 433,174.50 REDI CHAS 0.00 270.00 = 270.00 0.00 0.00 Uso Pertinit MPK TOTALS: 29,500 860,710.28 USD B22 590.00 $90.00 0.00 0.00 OSS 12/16/2011 12/21/2011 Shon SWY SAFEWAY INC 10,000 20.7270 0.0200 207,066.02 NITA cm 398 200.00 = 200.00 0.00 0.00 Uso Pertinit OSS 12/16/2011 12/21/2011 Shon SWY ‘SAFEWAY INC 15,000 20.7047 0.0200 310,264.03 REDI cm 597 300.00 300.00 0.00 0.00 USD PerUinit OSS 12/16/2011 12/21/2011 Sell CVA COVANTAHLOG CORP = 1,018 19.2954 0.0200 13,514.10 NITA cm 0.26 20.36 20.36 0.00 0.00 USD PerUinit OSS = 12/16/2011 12/21/2011 Sell CVA COVANTAHLOG CORP 8,782 13,2954 0.0200 © 116,582.31 NITA Msco 225 175.64 175.64 0.00 0.00 Uso Pertinit OSS 12/16/2011 12/21/2011 Sell CVA COVANTA HLOG CORP 2 13,3800 0.0200 280.55 RED! om oor 042 042 0.00 0.00 Uso Pertinit OSS 12/16/2011 12/21/2011 Sell CVA COVANTA HLOG CORP 179 13.3800 0.0200 2,391.39 REDI Msco 0.05 3.58 3.58 0.00 0.00 USD PerUinit OSS 12/16/2011 12/21/2011 Sell = WYN WYNDHAM WORLDWID = 3,500 34,9094 0.0200 © 122,110.14 NITA uPMS 236 70.00 70.00 0.00 0.00 USD PerUinit OSS 12/16/2011 12/21/2011 Sell = WYN WYNDHAM WORLDWIO «6,500 uO 0.0200 226,790.39 REDI PMS 436 130.00 130.00 0.00 0.00 Uso Pertinit OSS 12/16/2011 12/21/2011 Sell CNO NO FINANGIAL GROU 7 6.0050 0.0200 3,632.83 FCMA cm 007 12.14 12.14 0.00 0.00 USD PerUnit OSS 12/16/2011 12/21/2011 Sell © CNO CNO FINANCIAL GROU 193 6.0050 0.0200 1,155.08 FCMA MScO 0.03 3.86 3.86 0.00 0.00 USD PerUinit OSS 12/16/2011 12/21/2011 Sell — CNO CNO FINANCIAL GROU 12,993 5.9992 0.0200 77,685.76 NITA om 151 259.86 = 259.86 0.00 0.00 Uso Pertinit oss 1216/2011 12/21/2011 Sell cNo (CNO FINANCIAL GROU 4,107 5.9992 0.0200 24,555.95 NITA MSscO 048 82.14 82.14 0.00 0.00 USO PerUnit OSS 12/16/2011 12/21/2011 Sell © CNO CNOFINANCIALGROU 5,395. 5.9638 0.0200 32,068.18 REDI cm 062 107.90 107.90 0.00 0.00 USD PerUinit OSS 12/16/2011 12/21/2011 Sell CNO CNOFINANCIALGROU 1,705 5.9638 0.0200 10,133.98 AEDI MscO 0.20 34.10 44.10 0.00 0.00 USD PerUinit OSS 12/16/2011 12/21/2011 Shon COL ROCKWELL COLLINS! 5,000 53,2002 0.0200 285,895.89 REDI om St 190.00 100.00 0.00 0.00 Uso Pertinit OSS 12/16/2011 12/21/2011 Sell XAX XEROX CORP 24,895 7.9800 0.0200 197,980.08 NITA PMS 382 496.70 498.70 0.00 0.00 USD PerUinit OSS 12/16/2011 12/21/2011 Sell XAX XEROX CORP 65 7.9800 0.0200 516.09 NITA MSco oot 1.90 1.90 0.00 0.00 USD PerUinit OSS —-12/16/201t 12/21/2011 Sell ARR RSC HOLDINGS INC 102,780 17.6753 0.0200 1,814,576.84 FOMA om 34.89 2,055.60 2,055.60 0.00 0.00 Uso Pertinit OSS = 12/16/201f 12/21/2011 Sell ARR RSC HOLDINGS INC 320 17.6753 0.0200 5649.59 FOMA Msco ot 6.40 6.40 0.00 0.00 Uso Pertinit OSS 12/16/2011 12/21/2011 Sell © ARR RSC HOLDINGS INC 11,364 17.6344 0.0200 © 200,848.16 JEFA cm 387 227.28 8227.28 0.00 0.00 USD PerUinit OSS 12/16/2011 12/21/2011 Sell ARR. ASC HOLDINGS INC 36 17.6347 0.0200 636.28 JEFA MScO 0.03 0.72 0.72 0.00 0.00 USD PerUinit OSS = -12/16/201t 12/21/2011 Sel ARR RSC HOLDINGS INC 24,524 17.6830 0.0200 433,159.80 NITA om 833 49048 © 490.48 0.00 0.00 Uso Pertinit OSS 12/16/2011 12/21/2011 Sell ARR. RSC HOLDINGS INC 76 17.6830 0.0200 1,342.35 NITA Msco 0.04 1.82 1.82 0.00 0.00 Uso Pertinit OSS 12/16/2011 12/21/2011 Sell ARR. RSC HOLDINGS INC 118,530 17.6828 0.0200 2,093,528.39 REDI cm 40.25 2,370.60 2,370.80 0.00 0.00 USD PerUinit OSS 12/16/2011 12/21/2011 Sell ARR. RSC HOLDINGS INC 370 17.6827 0.0200 6,535.08 REDI Msco 014 7.40 7.40 0.00 0.00 USO Pertinit OSS 12/16/2011 12/21/2011 Sel VANT VERINT SYSTEMS ING 9,800 27.5381 0.0200 269,672.19 NITA MscO 519 196.00 196.00 0.00 0.00 Uso Pertinit 40f6 EFTA00284336

--=PAGE_BREAK=--

tourmaline partners Blotter for 12/16/2011 Clent Trade Date Settle Date Side ‘Security Description Amount Avg Price CommRate Net Money Broker Custodian Fees Commission Tour Currency Comm Type oss 12/16/2011 12/21/2011 Sell VANT VERINT SYSTEMS INC 200 27.5600 0.0200 5,507.89 RED! MSCO Ot 4.00 4.00 0.00 0.00 USD PerUnit oss 12/16/2011 12/21/2011 Cover WRLD WORLD ACCEPTANCE 1911 69.6008 0.0200 133,045.35 REDI com 0.00 38.22 38.22 0.00 0.00 USO PerUnit oss V26201% 12/21/2011 Cover WALD WORLD ACCEPTANCE 589 69,6008 0.0200 41,006.65 RED! JPMS 0.00 178 11,78 0.00 0.00 USO PerUnit oss 12/16/2011 12/21/2011 Cover NTRI NUTRISYSTEMS INCO 569 13.1557 0.0200 7,496.97 FCMA cm 0.00 11.48 11.48 0.00 0.00 USD PerUnit oss 12/16/2011 12/21/2011 Cover NTRI NUTRISYSTEMS INCO- 249 13.1557 0.0200 3,280.75 FCMA JPMS 0.00 4.98 4.98 0.00 0.00 USD PerUnit oss 12/16/2011 12/21/2011 Cover NTRI NUTRISYSTEMS INCO 1,582 13.1557 0.0200 20,843.95 FOMA MScO 0.00 31.64 364 0.00 0.00 USD PerUnit oss W26/2011 12/21/2011 Cover NTR NUTRISYSTEMS INCO 378 13,2034 0.0200 4,998.45 JEFA om 0.00 756 756 0.00 0.00 USO PerUnit oss 12/16/2011 12/21/2011 Cover NTRI NUTRISYSTEMS INCO 167 13.2044 0.0200 2208.31 JEFA JPMS 0.00 au 3a 0.00 0.00 USD PerUnit oss W26/2011 12/21/2011 Cover NTR NUTRISYSTEMS INCO 1,055 13,2034 0.0200 13,950.69 JEFA MSCO 0.00 21,10 21.10 0.00 0.00 USO PerUnit oss 1262011 12/21/2011 Cover NTR NUTRISYSTEMS INCO 1,421 13.1770 0.0200 18,752.94 RED! om 0.00 28.42 28.42 0.00 0.00 USD PerUnit oss 12/16/2011 = 12/21/2011 Cover NTRI NUTRISYSTEMS INCO 622 13.1770 0.0200 6208.53 RED! JPMS 0.00 12.44 12.44 0.00 0.00 USO PerUnit oss 12/16/2011 = 12/21/2011 Cover NTRI NUTRISYSTEMS INCO 3,957 13.1770 0.0200 52,220.53 RED! MSCO 0.00 79.14 79.14 0.00 0.00 USO PerUnit oss 12/16/2011 12/21/2011 Sell osis OSI SYSTEMS DE 897 47.1550 0.0200 42,279.28 FOMA JPMS 082 17.94 17.94 0.00 0.00 USO PerUnit oss 1216/2011 12/21/2011 Sell osis OSI SYSTEMS DE 3 47.1550 0.0200 141.40 FOMA MSCcO oot 0.06 0.06 0.00 0.00 USO PerUnit oss 12/16/2011 12/21/2011 Sell osis OSI SYSTEMS DE 1,793 47.1050 0.0200 84,421.80 NITA JPMS 1.64 35.86 35.86 0.00 0.00 USO PerUnit oss 12/16/2011 12/21/2011 Sell osis OSI SYSTEMS DE 7 47.1056 0.0200 329.58 NITA MScO 0.02 O14 O14 0.00 0.00 USD PerUnit oss 1262011 12/21/2011 Sell osis OSI SYSTEMS DE 1,196 47.1204 0.0200 56,330.99 REDI JPMS 1.09 23.92 23.92 0.00 0.00 USD PerUnit oss 12/16/2011 12/21/2011 Sell osis OSI SYSTEMS DE 4 47.1204 0.0200 188.39 REDI MScO oot 0.08 0.08 0.00 0.00 USD PerUnit oss 12/16/2011 12/21/2011 Caver CAT CATERPILLAR INC DEL 15,000 89.1503 0.0200 1,337,554.50 REDI JPMS 0.00 300.00 300.00 0.00 0.00 USD PerUnit OSS TOTALS: 399,400 8,271,336.38 USD 127.64 7,988.00 7,988.00 0.00 0.00 ROL 12/16/2011 12/21/2011 Sell CBL CBL & ASSOC PPTYS! 10,000 15,3110 0.0200 152,907.06 FCMA MLCO 294 200.00 200.00 0.00 0.00 USO PerUnit ROL 1262011 12/21/2011 Sell CBL CBL & ASSOC PPTYS! 10,000 15.2950 0.0200 152,747.06 RED! MLCO 294 200.00 200.00 0.00 0.00 USD PerUnit ROL TOTALS. 20,000 305,654.12 USD 536 400.00 400.00 0.00 0.00 SAC 12/16/2011 12/21/2011 Shon KSS KOHLS CORP 16,800 48.6310 0.0300 616,481.11 FCMA GScO 15.69 504.00 504.00 0.00 0.00 USO PerUnit SAC 12/16/2011 12/21/2011 Shon KSS KOHLS CORP 1,000 48.8033 0.0300 48,772.38 JEFA GSCcO O94 30.00 30.00 0.00 0.00 USD PerUnit SAC 12/16/2011 12/21/2011 Shon = KSS KOHLS CORP e2t2 48.8553 0.0300 1,426,271.80 NITA 6sco 27.44 876.36 876.36 0.00 0.00 USO PerUnit SAC 12/16/2011 12/21/2011 Shon KSS KOHLS CORP 7,211 48.7671 0.000 «= 351,436.47 ABCA GSCcO 676 216.33 216.33 0.00 0.00 USD PerUnit SAC 12/16/2011 12/21/2011 Shon KSS KOHLS CORP 45,777 48.6875 0.0000 2,227,351.58 RED! Gsco 42.80 1,373.91 1,573.01 0.00 0.00 USO PerUnit ‘SAC TOTALS: 100,000 4,870,313.31 USD 93.63 3,000.00 3,000.00 0.00 0.00 SOM V216/2018 12/21/2011 Buy RDI READING INTERNATIO 2,000 41485 0.0250 8,347.00 RED! GSEC 0.00 50,00 30.00 20.00 0.00 USO PerUnit SoM 1262011 12/21/2011 Buy CHRS CHARMING SHOPPES 8,000 4.7838 0.0250 3847040 NITA GSEC 0.00 200.00 120.00 80.00 0.00 USO PerUnit SOM 12/16/2011 12/21/2011 Buy IN INSTEEL IND INC 3,000 10.4165 0.0450 31,364.50 RED! GSEC 0.00 135.00 45.00 90.00 0.00 USD PerUnit som 12/16/2011 = 12/21/2011 Sell EPAY BOTTOMLINE TECH (D 4,505 21.6484 0.0450 97,921.43 REDI GSEC 1.88 202.73 67.58 135.15 0.00 USD PerUnit SoM V26201% 12/21/2011 Buy PTGI PRIMUS TELECOMMUN 1,000 12,0000 0.0450 12,045.00 NYSE GSEC 0.00 45.00 15,00 30.00 0.00 USO PerUnit SOM 12/16/2011 12/21/2011 Buy PTGI PRIMUS TELECOMMUN 1,000 11,6500 0.0450 11,695.00 TOUR GSEC 0.00 45.00 15.00 30.00 0.00 USO PerUnit SoM 12/16/2011 12/21/2011 Buy GPX GP STRATEGIES CORP 3,000 13.1407 0.0450 39,557.10 REDI GSEC 0.00 135.00 45.00 90.00 0.00 USD PerUnit SOM 1262011 12/21/2011 Buy vPG VISHAY PRECISION GR 2,000 15.1178 0.0450 30,325.60 REDI GSEC 0.00 90.00 30.00 60.00 0.00 USD PerUnit 5 of 6 EFTA00284337

--=PAGE_BREAK=--

tourmaline Blotter for 12/16/2011 Client Trade Date Settle Date Side Security Description Amount Avg Price CommRate Net Mo Broker Custodian Fees Cammission Tour Poot Street Currency Comm Type SoM 12/16/2011 12/21/2011 Sell ALK ALASKA AIR GROUP IN 1,000 76.1600 0.0450 76,113.53 REDI GSEC 147 45.00 15.00 30.00 0.00 USD PerUnit SOM TOTALS: 25,505 345,259.56 USD 4335 947.73 382.58 565.15 0.00 SPK 1246/2011 12/21/2011 Shon = NPTN NEOPHOTONICS CORP 12,843 4.66 0.0350 62,564.74 STFL JPMS tat 449.51 192.65 0.00 256.86 USD PerUnit SPK 12/16/2011 = 12/21/2011 Buy CDxXS GODEXIS INC 12,300 5.199 0.0350 64,383.12 PACS uPMS: 0.00 430,50 184.50 0.00 246.00 USO PerUnit SPK 12/16/2011 12/21/2011 Sell Sscco SOUTHERN COPPER 1,200 23.3000 0.0350 913,050.44 DBAB JPMS 17.56 1,092.00 468.00 0.00 624.00 USD PerUnit SPK 12/16/2011 12/21/2011 Sell GIB GROUPE CG! INC 30,000 18.1500 0.0350 543,439.54 MACO JPMS 10.46 1,050.00 450.00 0.00 600.00 USD PerUnit SPK 12/16/2011 12/21/2011 Buy P PANDORA MEDIA INC 20,300 10.4200 0.0350 212.236.50 OBAB JPMS 0.00 710,50 W450 0.00 406.00 USO PerUnit SPK W2i162011 12/20/2011 Buy RBY RUBICON MINERALS C 50,000 3.4829 0.0350 175,895.00 BMOC JPMS 0.00 1,750.00 750.00 0.00 1,000.00 USD PerUnit SPK 12/16/2011 12/21/2011 Buy TsYS TELECOMMUNICATION 14,740 2.2500 0.0350 33,680.90 SIDC JPMS 0.00 515.90 221.10 0.00 294.80 USD PerUnit SPK TOTALS: 171,383 2,005,250.24 USD 29.23 §,996.41 2,570.75 0.00 3,427.66 TT W2i62011 12182011 Buy OVY 0@/17/ ISHARE DJ SELECT Di 350 1,0000 0.5000 35,175.00 IAEC GSEC 0.00 175,00 87.50 0.00 87.50 USD PerUnit TT 12/16/2011 12182011 Sell OVY 03/17/ ISHARE OJ SELECT DI 350 3.4000 0.5000 118,822.71 IAEC GSEC 229 175.00 87.50 0.00 87.50 USO PerUnit TT 12/16/2011 12/21/2011 Buy ovr ISHARESTRINDEXDJS 10,500 §2.6000 0.0000 552,300.00 AEC GSEC 0.00 0.00 0.00 0.00 0.00 USD PerUnit TMT TOTALS: 11,200 706,297.71 USD 229 350.00 175.00 0.00 175.00 TON 12/16/2011 12/21/2011 Sell AEGXF AECON GROUP INC 50,000 10.0207 0.0300 499,525.38 CCAD UBS 962 1,500.00 1,500.00 0.00 0.00 USD PerUnit TON TOTALS: 0,000 499,525.38 USD 962 1,500.00 1,500.00 0.00 0.00 VAR 1216/2011 12/21/2011 Shon SHLD SEARS HOLDINGS CP 2,500 47.2397 0.0200 118,046.98 REDI Gsco 227 50.00 50.00 0.00 0.00 USD PerUnit VAR TOTALS: 2,500 118,046.98 USD 227 50.00 50.00 0.00 0.00 WFC 12/16/2011 12/20/2011 Sell GLC CN GALLIC ENERGY LTO 39,000 0.2000 0.0050 7,605.00 CCAD ABCF 0.00 191.67 191.67 0.00 0.00 CAD PerUnit WFC 12/16/2011 12/21/2011 Sell PCE CN PACE OIL AND GAS LT 27,000 4.0056 0.0100 107,881.20 CCAD BMOc 0.00 285.38 265.38 0.00 0.00 CAD PerUnit WFC 12/16/2011 12/21/2011 Sell PCE CN PACE OIL AND GAS LT 65,600 4.0056 0.0100 262,111.38 CCAD ABCF 0.00 644.78 644.78 0.00 0.00 CAD PerUnit WFC 1216/2011 12/21/2011 Shon ORTCN ORBITE ALUMINAE INC = 100,000 2.1517 0.0100 214,170.00 ITCN ABCF 0.00 982.90 982.90 0.00 0.00 CAD PerUnit WFC TOTALS: 231,600 581,648.33 USD 0.00 2,084.73 2,084.73 0.00 0.00 WIN 12/16/2011 12/21/2011 Shon CADX GADENCE PHARMACE 20,000 3.7440 0.0150 74,578.56 REDI GSCcO 144 00.00 00.00 0.00 0.00 USD PerUnit WIN 12/16/2011 12/21/2011 Cover CBAX COLUMBIA LABORATO 15,000 2.4917 0.0150 37,600.50 REDI Gsco 0.00 225.00 225.00 0.00 0.00 USD PerUnit WIN TOTALS: 35,000 112,179.08 USD 144 625.00 625.00 0.00 0.00 wee 12/16/2011 12/21/2011 Buy SXCL STEEL EXCEL ING 3,000 24.0463 0.0350 72,249.90 RAFF Gsco 0.00 105.00 45,00 0.00 60.00 USD PerUnit wee 12/16/2011 «12/21/2011 Buy HF HFF INC 5,000 10.5746 0.0150 52,948.00 NITA @6sco 0.00 75.00 75.00 0.00 0.00 USD PerUnit WMP 12/16/2011 12/21/2011 Buy HF HFF INC 10,000 10.5421 0.0150 105,571.00 REDI Gsco 0.00 150.00 150.00 0.00 0.00 USD PerUnit wep 12/16/2011 12/21/2011 Shon TIGA TKGERLOGIC CORP 5,000 2.1000 0.0150 10,424.79 REDI GSCO 0.21 75.00 75.00 0.00 0.00 USD PerUnit WMP 12/16/2011 12/21/2011 Shon IPAR INTER PARFUMS INC 400 18.3075 0.0150 7316.85 NITA Gsco O15 6.00 6.00 0.00 0.00 USD PerUnit WMP 12/16/2011 12/21/2011 Shon IPAR INTER PARFUMS INC 3,800 18.9018 0.0150 69,488.50 REDI Gsco 134 57.00 57.00 0.00 0.00 USO PerUnit WMP TOTALS 27,200 317,999.04 USD 1.70 468.00 408.00 0.00 60.00 6 of 6 EFTA00284338