ARBITER PARTNERS CAPITAL MANAGEMENT LLC Information

11 E 44TH STREET, SUITE 700, NEW YORK, New York, 10017, (212) 452-9119

Report Date: 03/31/2014

Position Statistics

Total Positions 92
New Positions 11
Increased Positions 32
Decreased Positions 18
Positions with Activity 50
Sold Out Positions 6
Total Mkt Value (in $ millions) 362

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 13.59%
Capital Goods 6.87%
Conglomerates
Consumer Cyclical 0.2%
Consumer/Non-Cyclical 0.3%
Energy 4.33%
Financial 35.29%
Healthcare 12%
Services 11.66%
Technology 14.13%
Transportation
Utilities

92 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ROYCE FOCUS TR COM 98 New 11,859
ESCALERA RES CO COM 44 New 19,908
ACTIVE POWER INC COM NEW 41 41 New 16,900
COSI INC COM NEW 34 New 23,544
ZAZA ENERGY CORP COM 26 New 34,300
GENERAL ELECTRIC CO COM 1 1 New 46
FERRO CORP COM -337 Sold Out 0
IRON MTN INC COM -226 Sold Out 0
LEVEL 3 COMMUNICATIONS INC COM NEW -2,199 Sold Out 0
MAG SILVER CORP COM -1,008 Sold Out 0
NORTHFIELD BANCORP INC DEL COM -7,658 Sold Out 0
SEAGATE TECHNOLOGY PLC SHS -586 Sold Out 0