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STAFFORD CAPITAL MANAGEMENT LLC
> SJT
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2010 | SAN JUAN BASIN ROYALTY TRUST | SJT | 12,150 | -3,500 | 300,000 | -82,000 | $24.69 |
| 06/30/2010 | SAN JUAN BASIN ROYALTY TRUST | SJT | 15,650 | 0 | 382,000 | 56,000 | $24.41 |
| 03/31/2010 | SAN JUAN BASIN ROYALTY TRUST | SJT | 15,650 | 15,650 | 326,000 | 326,000 | $20.83 |
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