Sandell Asset Management Corp.

Sandell Asset Management as of Dec. 31, 2011

Portfolio Holdings for Sandell Asset Management

Sandell Asset Management holds 35 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
El Paso Corporation 8.4 $53M 2.0M 26.57
Progress Energy 7.9 $50M 891k 56.02
McGraw-Hill Companies 6.0 $38M 842k 44.97
Southern Union Company 5.8 $37M 873k 42.11
Goodrich Corporation 4.8 $31M 249k 123.70
Family Dollar Stores 4.8 $31M 532k 57.66
Temple-Inland 4.8 $30M 958k 31.71
Dollar Thrifty Automotive 4.7 $30M 421k 70.26
Tronox 4.3 $27M 225k 120.00
Visteon Corporation (VC) 4.0 $25M 509k 49.94
Constellation Energy 3.9 $25M 620k 39.67
SuccessFactors 3.6 $23M 566k 39.87
NetLogic Microsystems 3.3 $21M 427k 49.57
Motorola Mobility Holdings 3.3 $21M 537k 38.80
S1 Corporation 3.0 $19M 2.0M 9.57
Quadra FNX Mining (QUX) 2.9 $19M 1.3M 14.79
DemandTec 2.6 $17M 1.3M 13.17
RSC Holdings 2.5 $16M 860k 18.50
Kinder Morgan (KMI) 2.4 $15M 469k 32.17
Novellus Systems 2.1 $14M 326k 41.29
EQT Corporation (EQT) 2.0 $13M 230k 54.79
SonoSite 1.7 $11M 200k 53.86
HealthSpring 1.7 $11M 194k 54.54
Marathon Petroleum Corp (MPC) 1.6 $10M 306k 33.29
TPC 1.4 $8.9M 384k 23.33
Semgroup Corp cl a 1.2 $7.4M 283k 26.06
McCormick & Schmick's Seafood Restaurant (MSSR) 1.1 $6.8M 774k 8.74
Central Vermont Public Service 1.1 $6.7M 191k 35.10
Chemtura Corporation 1.1 $6.8M 595k 11.34
General Motors Company (GM) 0.6 $3.9M 192k 20.27
Tronox Inc G 68.56 Wrnts *w exp 02/14/2018 0.6 $3.7M 31k 119.99
Tronox Incorporated wt 0.5 $3.0M 25k 119.96
General Mtrs Co *w exp 07/10/201 0.3 $1.7M 83k 20.27
General Mtrs Co *w exp 07/10/201 0.3 $1.7M 83k 20.27
Rugged 0.1 $827k 35k 23.63