X0303 4 2009-04-01 0000316300 EXCO RESOURCES INC XCO 0001241677 NIEHAUS ROBERT H 12377 MERIT DRIVE SUITE 1700 DALLAS TX 75251 1 0 0 0 Common Stock, par value $0.001 per share 2009-04-01 4 A 0 864 0 A 5469 D Common Stock, par value $0.001 per share 1450018 I By Greenhill Capital Partners, L.P. Common Stock, par value $0.001 per share 207189 I By Greenhill Capital Partners (Cayman), L.P. Common Stock, par value $0.001 per share 228860 I By Greenhill Capital Partners (Executives), L.P. Common Stock, par value $0.001 per share 458415 I By Greenhill Capital, L.P. These shares were issued to Mr. Niehaus as compensation for his service on the Issuer's Board of Directors and Committees thereof, if any, pursuant to the Amended and Restated 2007 Director Plan of EXCO Resources, Inc. (the "Plan"). The number of shares is equal to the amount of compensation awarded under the Plan divided by $10.13 which was the closing price for Issuer's common stock on April 1, 2009. By virtue of his ownership and position as Senior Member of GCP 2000, LLC and as Managing Director of Greenhill Capital Partners, LLC, which control the general partners of Greenhill Capital Partners, L.P. and its affiliated investment funds, Mr. Niehaus may be deemed to beneficially own these shares. In addition, GCP Managing Partner, L.P. and GCP, L.P., the general partners of Greenhill Capital Partners, L.P. and its affiliated investment funds, as well as Greenhill Capital Partners, LLC and GCP 2000, LLC, which control the general partners, and Greenhill & Co., Inc., the sole member of Greenhill Capital Partners, LLC, may be deemed to beneficially own these shares. Mr. Niehaus disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Niehaus is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. /s/ Robert H. Niehaus 2009-04-02