Castle Creek Arbitrage

Castle Creek Arbitrage as of Dec. 31, 2010

Portfolio Holdings for Castle Creek Arbitrage

Castle Creek Arbitrage holds 57 positions in its portfolio as reported in the December 2010 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
United States Stl Corp New note 4.000% 5/1 8.3 $63M 33M 1.95
Gilead Sciences Inc note 0.500% 5/0 5.9 $45M 44M 1.03
Laboratory Corp Amer Hldgs debt 5.2 $40M 34M 1.18
Amgen Inc note 0.125% 2/0 5.0 $39M 39M 1.00
Textron Inc note 4.500% 5/0 5.0 $38M 20M 1.90
E M C Corp Mass note 1.750%12/0 4.9 $37M 26M 1.45
Core Laboratories Lp note 0.250%10/3 4.4 $34M 18M 1.94
Alliant Techsystems Inc note 3.000% 8/1 4.0 $31M 28M 1.13
Macrovision Corp debt 3.6 $28M 13M 2.21
Sba Communications Corp note 4.000%10/0 3.6 $28M 19M 1.49
Microchip Technology Inc sdcv 2.125%12/1 3.5 $27M 22M 1.23
Jetblue Airways Corp dbcv 5.500%10/1 3.1 $24M 14M 1.70
Wyndham Worldwide Corp note 3.500% 5/0 2.8 $21M 8.8M 2.42
L-3 Communications Corp debt 3.000% 8/0 2.6 $20M 20M 1.00
Earthlink Inc note 3.250%11/1 2.5 $19M 17M 1.12
American Med Sys Hldgs Inc note 4.000% 9/1 2.5 $19M 16M 1.22
Mcdonalds Corp put 2.3 $18M 231k 76.76
Qualcomm Inc option 2.3 $17M 350k 49.49
Dryships Inc. note 5.000%12/0 2.2 $17M 17M 1.03
Equinix Inc note 4.750% 6/1 2.0 $15M 12M 1.23
Amgen Inc note 0.375% 2/0 2.0 $15M 15M 1.00
Asm Intl Nv note 4.250%12/0 2.0 $15M 8.9M 1.69
Medtronic Inc note 1.625% 4/1 1.6 $13M 13M 1.01
Freeport-mcmoran Copper & Go option 1.6 $12M 100k 120.09
Jetblue Airways Corp dbcv 5.500% 10/1 1.5 $11M 7.0M 1.62
China Med Technologies Inc note 4.000% 8/1 1.4 $11M 13M 0.85
Amylin Pharmaceuticals Inc note 2.500% 4/1 1.4 $11M 11M 1.00
Commscope Inc note 3.250% 7/0 1.4 $11M 8.1M 1.30
Trina Solar Limited note 4.000% 7/1 1.3 $10M 6.5M 1.54
E M C Corp Mass note 1.750%12/0 1.0 $7.6M 5.0M 1.51
United Parcel Service Inc option 0.9 $7.3M 100k 72.58
Incyte Corp note 4.750%10/0 0.7 $5.2M 2.5M 2.08
United Dominion Realty Tr In note 4.000%12/1 0.7 $5.1M 5.0M 1.01
Us Airways Group Inc note 7.250% 5/1 0.6 $4.8M 2.0M 2.40
Dryships/drys 0.6 $4.7M 862k 5.49
Usec Inc note 3.000%10/0 0.6 $4.5M 5.0M 0.90
Exterran Hldgs Inc note 4.250% 6/1 0.5 $3.8M 3.0M 1.25
Theravance Inc note 3.000% 1/1 0.5 $3.5M 3.1M 1.14
Amerigroup Corp note 2.000% 5/1 0.5 $3.5M 3.0M 1.16
Omnicare Inc note 3.750%12/1 0.4 $3.3M 3.0M 1.11
Supervalu Inc note 11/0 0.4 $3.1M 8.0M 0.39
China Med Technologies Inc option 0.4 $3.2M 281k 11.24
Mf Global Ltd note 9.000% 6/2 0.4 $3.1M 2.6M 1.21
Cephalon Inc note 2.000% 6/0 0.4 $2.8M 2.0M 1.41
Teleflex Inc note 3.875% 8/0 0.3 $2.7M 2.5M 1.06
Thoratec Corp note 1.379% 5/1 0.3 $2.6M 3.1M 0.85
Alliant Techsystems Inc note 2.750% 9/1 0.3 $2.6M 2.5M 1.02
Nash Finch Co frnt 1.631% 3/1 0.2 $1.4M 2.7M 0.51
National City Corp note 4.000% 2/0 0.2 $1.4M 1.4M 1.00
K V Pharmaceutical Co note 2.500% 5/1 0.1 $660k 1.2M 0.55
China Med Technologies Inc note 6.250%12/1 0.1 $505k 500k 1.01
Qimonda Fin Llc Note 6.750% 3/2 0.1 $480k 12M 0.04
Amgen Inc note 3/0 0.1 $414k 538k 0.77
Information Services Group warrant 0.1 $417k 201k 2.07
Westway Group Inc *w exp 05/24/201 0.0 $342k 90k 3.78
Radio One 0.0 $90k 80k 1.12
Djsp Enterprises Incorporate *w exp 08/11/201 0.0 $14k 24k 0.59