X0303 4 2011-04-01 1 0001471256 Cullen Agricultural Holding Corp CAGZ 0001439357 Nisswa Acquisition Master Fund Ltd. C/O MAPLES CORPORATE SVCS LIMITED PO BOX 309, UGLAND HOUSE GRAND CAYMAN E9 KY1-1104 CAYMAN ISLANDS 0 0 0 1 no longer 10% owner 0001288136 Pine River Capital Management L.P. 601 CARLSON PARKWAY SUITE 330 MINNETONKA MN 55305 0 0 0 1 no longer 10% owner 0001387809 TAYLOR BRIAN C/O PINE RIVER CAPITAL MANAGEMENT 601 CARLSON PARKWAY, SUITE 330 MINNETONKA MN 55305 0 0 0 1 no longer 10% owner Warrants 12 2011-04-01 4 S 0 7510363 0.005 D 2013-10-22 Common Stock 7510363 1685624 D Warrants 12 2011-04-01 4 P 0 7510363 0.005 A 2013-10-22 Common Stock 7510363 9411271 I See fn (2) Warrants 12 2013-10-22 Common Stock 0 11096895 I See fn (3) The warrants held by Nisswa Acquisition Master Fund Ltd. became reportable on October 22, 2009, the effective date of the merger among Triplecrown Acquisition Corp., Cullen Agricultural Holding Corp., CAT Merger Sub, Inc., Cullen Agriculutural Technologies, Inc. and Cullen Inc. Holdings Ltd. These warrants are held in the accounts of private investment vehicles, other than Nisswa Acquisition Master Fund Ltd., over which Pine River Capital Management L.P., the investment manager (the "Investment Manager") and Brian Taylor, the managing member of Pine River Capital Management LLC ("PRCM LLC"), the general partner of the Investment Manager, have investment discretion by virtue of their respective positions as Investment Manager and managing member of PRCM LLC. Each such Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. These warrants may be deemed to be beneficially owned by the Investment Manager, and Brian Taylor, the managing member of PRCM LLC, the general partner of the Investment Manager. Each such Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed as an admission that such Reporting Person is the beneficial owner of the securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Nisswa Acquisition Master Fund Ltd., By: Pine River Capital Management L.P., Its Investment Manager, By: Pine River Capital Management LLC, Its General Partner, By: Brian Taylor, Managing Member 2011-04-05 Pine River Capital Management L.P., By: Pine River Capital Management LLC, Its General Partner, By: Brian Taylor, Managing Member 2011-04-05 Brian Taylor 2011-04-05