American Securities

American Securities as of Dec. 31, 2012

Portfolio Holdings for American Securities

American Securities holds 0 positions in its portfolio as reported in the December 2012 quarterly 13F filing

                AMERICAN SECURITIES LLC
                                                           S.E.C. FORM 13F
                                                  FOR QUARTER ENDED DECEMBER 31, 2012

                                                                                                                       ITEM 8:
                                                                                 ITEM 6:                               VOTING
                                                                           INVESTMENT DISCRETION                  AUTHORITY SHARES

                                      ITEM 4:     ITEM 5:                          (b)                 ITEM 7:
 ITEM 1:         ITEM 2:     ITEM 3:  Fair       Shares or                      Shares as      (c)    Managers
Name of         Title of     Cusip    Market     Principal    Sh/Put      (a)   Defined in    Shared     See     (a)    (b)    (c)
 Issuer          Class       Number   Value       Amount     Prn/Call    Sole    Instr. V     Other    Instr.V   Sole  Shared  None
====================================================================================================================================
{S}             {C}        {C}          {C}         {C}         {C}        {C}                                     {C}
Williams        Common
Partners L.P.   Units      96950F104    0*          0*          SH         0*                                      0*
------------------------------------------------------------------------------------------------------------------------------------

*  American Securities LLC could receive none or some portion of an indemnification escrow containing 440,301 Common Units
(FMV $21,425,047 on 12/31/12) and disclaims having investment discretion over those Common Units.