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STEELHEAD PARTNERS LLC
> NCOC
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 10/08/2010 | NATIONAL COAL CORP | NCOC | 386,977 | -5,093,035 | 375,368 | -2,704,632 | $0.97 |
| 10/01/2010 | NATIONAL COAL CORP | NCOC | 887,852 | -4,592,160 | 861,216 | -2,218,784 | $0.97 |
| 06/30/2010 | NATIONAL COAL CORP | NCOC | 1,307,503 | -4,172,509 | 785,000 | -2,295,000 | $0.60 |
| 03/31/2010 | NATIONAL COAL CORP | NCOC | 5,480,012 | 0 | 3,080,000 | -1,523,000 | $0.56 |
| 12/31/2009 | NATIONAL COAL CORP | NCOC | 5,855,012 | 375,000 | 4,918,210 | -1,821,790 | $0.84 |
| 09/30/2009 | NATIONAL COAL CORP | NCOC | 5,480,012 | -401,600 | 6,740,000 | -259,000 | $1.23 |
| 06/30/2009 | NATIONAL COAL CORP | NCOC | 5,881,612 | -47,500 | 6,999,000 | -1,065,000 | $1.19 |
| 03/31/2009 | NATIONAL COAL CORP | NCOC | 5,929,112 | -375,000 | 8,064,000 | 58,000 | $1.36 |
| 12/31/2008 | NATIONAL COAL CORP | NCOC | 6,304,112 | 0 | 8,006,000 | -24,965,000 | $1.27 |
| 09/30/2008 | NATIONAL COAL CORP | NCOC | 6,304,112 | 375,000 | 32,971,000 | -19,620,000 | $5.23 |
| 06/30/2008 | NATIONAL COAL CORP | NCOC | 5,929,112 | 1,329,112 | 52,591,000 | 28,487,000 | $8.87 |
| 03/31/2008 | NATIONAL COAL CORP | NCOC | 4,600,000 | 1,800,000 | 24,104,000 | 17,244,000 | $5.24 |
| 12/31/2007 | NATIONAL COAL CORP | NCOC | 4,600,000 | 1,800,000 | 25,576,000 | 18,716,000 | $5.56 |
| 09/30/2007 | NATIONAL COAL CORP | NCOC | 2,800,000 | 0 | 6,860,000 | -6,860,000 | $2.45 |
| 06/30/2007 | NATIONAL COAL CORP | NCOC | 2,800,000 | 0 | 13,720,000 | -168,000 | $4.90 |
| 03/31/2007 | NATIONAL COAL CORP | NCOC | 2,800,000 | 2,800,000 | 13,888,000 | 13,888,000 | $4.96 |
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