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  Analyst Coverage

Firm      Analyst
BB&T Capital Markets   Mark Levin
Citigroup   Brian Yu
FBR Capital Markets   Mitesh Takkar
Hilliard Lyons   Joel Havard
Stifel Nicolaus   Paul Forward
UBS   Shneur Gershuni
Wells Fargo Securities   Ron Londe

Natural Resource Partners L.P. is followed by the analysts listed above. Although the above list is regularly updated, the list may not be complete and is subject to change as firms add or delete coverage. Please note that any opinions, estimates or forecasts regarding Natural Resource Partners L.P.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Natural Resource Partners L.P. or its management. Natural Resource Partners L.P. is providing this listing as a service to its unitholders and does not by its reference above imply its endorsement of or concurrence with such information, conclusions or recommendations.

 
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