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POTOMAC CAPITAL MANAGEMENT LLC
> FXEN
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2008 | FX ENERGY INC | FXEN | 1,672,237 | 1,672,237 | -167 | -167 | $0.00 |
| 09/30/2007 | FX ENERGY INC | FXEN | 1,683,166 | 267,428 | -169 | -28 | $0.00 |
| 06/30/2007 | FX ENERGY INC | FXEN | 1,415,738 | -102,700 | -141 | 10 | $0.00 |
| 03/31/2007 | FX ENERGY INC | FXEN | 1,518,438 | 63,295 | -151 | -8,978,151 | $0.00 |
| 12/31/2006 | FX ENERGY INC | FXEN | 1,455,143 | 0 | 8,978,000 | 1,557,000 | $6.17 |
| 09/30/2006 | FX ENERGY INC | FXEN | 1,455,143 | 62,338 | 7,421,000 | 986,000 | $5.10 |
| 06/30/2006 | FX ENERGY INC | FXEN | 1,392,805 | 179,374 | 6,435,000 | 89,000 | $4.62 |
| 03/31/2006 | FX ENERGY INC | FXEN | 1,213,431 | 42,780 | 6,346,000 | -2,996,000 | $5.23 |
| 12/31/2005 | FX ENERGY INC | FXEN | 1,170,651 | 107,000 | 9,342,000 | -3,390,000 | $7.98 |
| 09/30/2005 | FX ENERGY INC | FXEN | 1,063,651 | 85,000 | 12,732,000 | 1,937,000 | $11.97 |
| 06/30/2005 | FX ENERGY INC | FXEN | 978,651 | 158,279 | 10,795,000 | 1,410,000 | $11.03 |
| 03/31/2005 | FX ENERGY INC | FXEN | 820,372 | -103,154 | 9,385,000 | -1,402,000 | $11.44 |
| 12/31/2004 | FX ENERGY INC | FXEN | 923,526 | 27,000 | 10,787,000 | 2,682,000 | $11.68 |
| 09/30/2004 | FX ENERGY INC | FXEN | 896,526 | 86,477 | 8,105,000 | 887,000 | $9.04 |
| 06/30/2004 | FX ENERGY INC | FXEN | 810,049 | 69,849 | 7,218,000 | 369,000 | $8.91 |
| 03/31/2004 | FX ENERGY INC | FXEN | 740,200 | -335,700 | 6,849,000 | 1,569,000 | $9.25 |
| 12/31/2003 | FX ENERGY INC | FXEN | 1,075,900 | 1,075,900 | 5,280,000 | 5,280,000 | $4.91 |
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