X0202 4 2005-04-22 0 0000856200 KAISER GROUP HOLDINGS INC KGHI 0001018962 TENNENBAUM & CO LLC 2951 28TH ST. # 1000 SANTA MONICA CA 90405 0 0 1 0 0001095153 TENNENBAUM MICHAEL E C/O TENNENBAUM CAPITAL PARTNERS, LLC 2951 28TH ST., #1000 SANTA MONICA CA 90405 0 0 1 0 0001249175 TENNENBAUM SUZANNE S C/O TENNENBAUM CAPITAL PARTNERS, LLC 2951 28TH ST., #1000 SANTA MONICA CA 90405 0 0 1 0 Preferred Stock 2005-04-22 4 J 0 2447 55.00 D 32687 I See footnote Preferred Stock 2005-04-22 4 J 0 10614 55.00 D 22073 I See footnote Shares redeemed by issuer in an involuntary transaction. Beneficially owned as follows: (a) 4134 by Tennenbaum & Co., LLC; and (b) 28553 by Michael E. Tennenbaum and Suzanne S. Tennenbaum, trustees of the Tennenbaum Living Trust. Beneficially owned as follows: (a) 4134 by Tennenbaum & Co., LLC; and (b) 17939 by Michael E. Tennenbaum and Suzanne S. Tennenbaum, trustees of the Tennenbaum Living Trust. By reason of Michael E. Tennenbaum's position as managing member of Tennenbaum & Co., LLC ("TCO"), and as a trustee of the Tennenbaum Living Trust (the "Living Trust"), each of TCO and Mr. Tennenbaum may be deemed to share the powers of voting and disposition of the securities owned of record by TCO described herein, and each of the Living Trust and Mr. Tennenbaum may be deemed to share the powers of voting and disposition of the securities owned of record by the Living Trust described herein. By reason of Suzanne S. Tennenbaum's position as a trustee of the Living Trust, Suzanne S. Tennenbaum may be deemed to share the powers of voting and disposition of the securities owned of record by the Living Trust described herein. The reporting persons disclaim beneficial ownership of the reported securities, except to the extent of their pecuniary interest therein. /s/David A. Hollander, on behalf of Michael E. Tennenbaum, as Managing Member of Tennenbaum & Co., LLC 2005-06-03 /s/David A. Hollander, on behalf of Michael E. Tennenbaum 2005-06-03 /s/David A. Hollander, on behalf of Michael E. Tennenbaum, acting on behalf of Suzanne S. Tennenbaum 2005-06-03