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CREDIT SUISSE AG
> TBSI
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2009 | TBS INTERNATIONAL LTD | TBSI | 32,273 | -332 | 237,000 | -47,000 | $7.34 |
| 09/30/2009 | TBS INTERNATIONAL LTD | TBSI | 32,605 | 13,897 | 284,000 | 138,000 | $8.71 |
| 06/30/2009 | TBS INTERNATIONAL LTD | TBSI | 18,708 | -14,807 | 146,000 | -101,000 | $7.80 |
| 03/31/2009 | TBS INTERNATIONAL LTD | TBSI | 33,515 | -8,487 | 247,000 | -175,000 | $7.37 |
| 12/31/2008 | TBS INTERNATIONAL LTD | TBSI | 42,002 | -97,860 | 422,000 | -1,461,000 | $10.05 |
| 09/30/2008 | TBS INTERNATIONAL LTD | TBSI | 139,862 | 93,203 | 1,883,000 | 19,000 | $13.46 |
| 06/30/2008 | TBS INTERNATIONAL LTD | TBSI | 46,659 | 46,659 | 1,864,000 | 1,864,000 | $39.95 |
| 03/31/2008 | TBS INTERNATIONAL LTD | TBSI | 75,779 | 75,779 | 2,288,000 | 2,288,000 | $30.19 |
| 12/31/2007 | TBS INTERNATIONAL LTD | TBSI | 62,844 | 62,844 | 2,078,000 | 2,078,000 | $33.07 |
| 09/30/2007 | TBS INTERNATIONAL LTD | TBSI | 50,221 | 50,221 | 2,072,000 | 2,072,000 | $41.26 |
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