ICAP

Daily Marks

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May-17-12Dan Vaughn @ 812-204-2625

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ICAP United, Inc - CoalManzar Iqbal @ 203-663-9425

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Submittal to CME for Settlement Calculations

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PlattsPlattsPlatts

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DateBargeCSX finPRB 88 finCSX physPRB 88 physPRB 84 phys

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June56.0054.028.8952.508.907.05

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July57.4053.759.1053.959.207.05

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Aug58.1554.609.1554.809.257.10

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Sept58.4555.009.2055.209.307.15

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Q3 1258.0054.459.1554.659.257.10

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Q4 1260.0057.859.55

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Q1 1362.7061.7510.55

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Q2 1364.8564.7511.25

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Q3 1367.5068.0012.20

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Q4 1370.0070.3013.00

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Q1 1471.9072.2513.60

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Q2 1473.2073.2514.05

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Q3 1474.5074.2514.50

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Q4 1475.6075.2514.85

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CY 1366.2666.2011.75

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CY 1473.8073.7514.25

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CY 1517.05

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The information is being provided by ICAP United to CME Group as part of their data gathering

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in determining daily settlement prices. These closing marks are as of 4:00 p.m. EPT and will

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vary from "Vaughn's View" physical coal marks, which are released after the close of business.

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