SHAH CAPITAL MANAGEMENT Information

8601 SIX FORKS ROAD, RALEIGH, North Carolina, 27615, (919) 719-6360

Report Date: 06/30/2014

Position Statistics

Total Positions 16
New Positions 2
Increased Positions 8
Decreased Positions 8
Positions with Activity 16
Sold Out Positions 1
Total Mkt Value (in $ millions) 135

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

Sector Weighting

Basic Materials 13.28%
Capital Goods 36.23%
Conglomerates
Consumer Cyclical 2.95%
Consumer/Non-Cyclical 9.19%
Energy 2.29%
Financial
Healthcare
Services 23.75%
Technology 12.31%
Transportation
Utilities

16 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
CHINA YUCHAI INTL LTD COM 49,056 183 .37 2,348,288
UTSTARCOM HOLDINGS CORP SHS NEW 30,326 797 2.70 10,245,404
CHIQUITA BRANDS INTL INC COM 12,444 -60 (0.48) 1,229,619
COEUR MNG INC COM NEW 8,252 5,660 218.42 990,615
MOLYCORP INC DEL PFD CONV SER A 7,326 7,326 New 678,377
CANADIAN SOLAR INC COM 6,160 -15 (0.24) 222,781
TRINA SOLAR LIMITED SPON ADR 5,569 -8 (0.14) 490,200
CHINA XINIYA FASHION LTD SPONSORED ADR 3,993 183 4.80 4,537,476
RENESOLA LTD SPONS ADS 3,870 3,370 674.08 1,548,156
PETROLEO BRASILEIRO SA PETROBR SPONSORED ADR 2,118 -31 (1.44) 123,202
CORINTHIAN COLLEGES INC COM 1,829 509 38.54 8,277,040
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 1,322 -21 (1.58) 87,306
ANGLOGOLD ASHANTI LTD SPONSORED ADR 1,079 -16 (1.48) 59,800
YINGLI GREEN ENERGY HLDG CO LT ADR 1,073 -15 (1.36) 306,681
ALPHA NATURAL RESOURCES INC COM 976 976 New 296,700
MOLYCORP INC DEL COM -1,522 Sold Out 0