Dalal Street

Dalal Street as of Sept. 30, 2012

Portfolio Holdings for Dalal Street

Dalal Street holds 0 positions in its portfolio as reported in the September 2012 quarterly 13F filing

                Form 13F Information Table

          Column 1               Column 2    Column 3  Column 4      Column 5       Column 6  Column 7           Column 8
----------------------------- -------------- --------- -------- ------------------ ---------- -------- -----------------------------
                                                        Value    Shares/  Sh/ Put/ Investment  Other         Voting Authority
       Name of Issuer         Title of Class   CUSIP   (x$1000)  Prn Amt  Prn Call Discretion Managers   Sole     Shared     None
----------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- --------- ---------
{S}                           {C}            {C}       {C}      {C}       {C} {C}  {C}        {C}      {C}       {C}       {C}
BANK OF AMERICA CORPORATION   COM            060505104          7,502,000 SH          Sole             7,502,000
                                                       66,242.66
CHESAPEAKE ENERGY CORP        COM            165167107          2,983,817 SH          Sole             2,983,817
                                                       56,304.63
CITIGROUP INC                 COM            172967424          1,807,000 SH          Sole             1,807,000
                                                       59,125.04
GENERAL MTRS CO               COM            37045v100          2,283,650 SH          Sole             2,283,650
                                                       51,953.04
GOLDMAN SACHS GROUP INC       COM            38141G104            198,863 SH          Sole               198,863
                                                       22,606.75
HORSEHEAD HLDG CORP           COM            440694305          1,840,100 SH          Sole             1,840,100
                                                       17,219.66