|Hilliard Lyons||Joel Havard|
|Seaport Global||Mark Levin|
|Stifel Nicolaus||Paul Forward|
|Cowen and Company||Amer Tiwana|
|Stifel Nicolaus||Nicholas Jarmoszuk|
|Wells Fargo Securities||David Deterding|
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.