Preferred Stock

Chesapeake has the following preferred stock issuances outstanding:

Cumulative Convertible	4.5%
Date of original issue	9/14/2005
Number of shares outstanding	2,558,900
Par value per share	$0.01
Liquidation preference per share	$100
Annual dividend per share	$4.50
Dividend record dates	3/1; 6/1; 9/1; 12/1
Dividend payment dates	3/15; 6/15; 9/15; 12/15
Redeemable by Company?	No
Conversion rate per share	0.0123
Conversion price per share	$8,142.99
When convertible by holder?	anytime
Conversion price adjustment:
Dividend threshold amount	$0.065
Conversion price floor	$6,031.88
Mandatory conversion at Company's option	only if, for 20 trading days (including the last trading day of such period), the closing price of Company's common stock exceeds 130% of conversion price (currently $10,585.89)
Mandatory conversion date	on or after 9/15/10
Listed on NYSE?	Yes
NYSE Symbol	CHK Pr D
CUSIP - RegS	n/a
CUSIP-144A	n/a
Unrestricted CUSIP	165167842

Cumulative Convertible	5.0%
	IRS Form 8937
Date of original issue	11/8/2005
Number of shares outstanding	1,810,667
Par value per share	$0.01
Liquidation preference per share	$100
Annual dividend per share	$5.00
Dividend record dates	2/1; 5/1; 8/1; 11/1
Dividend payment dates	2/15; 5/15; 8/15; 11/15
Redeemable by Company?	No
Conversion rate per share	0.0139
Conversion price per share	$7,208.51
When convertible by holder?	anytime
Conversion price adjustment:
Dividend threshold amount	$0.065
Conversion price floor	$5,544.42
Mandatory conversion at Company's option	only if, for 20 trading days (including the last trading day of such period), the closing price of Company's common stock exceeds 130% of conversion price (currently $9,371.06)
Mandatory conversion date	on or after 11/15/2010
Listed on NYSE?	No
NYSE Symbol	n/a
CUSIP - RegS	n/a
CUSIP-144A	165167834
Unrestricted CUSIP	165167826

Cumulative Convertible	5.75%
	IRS Form 8937
Date of original issue	5/17/2010
Number of shares outstanding	770,528
Par value per share	$0.01
Liquidation preference per share	$1,000
Annual dividend per share	$57.50
Dividend record dates	2/1; 5/1; 8/1; 11/1
Dividend payment dates	2/15; 5/15; 8/15; 11/15
Redeemable by Company?	No
Conversion rate per share	0.1984
Conversion price per share	$5,039.59
When convertible by holder?	anytime
Conversion price adjustment:
Dividend threshold amount	$0.075
Conversion price floor	$4,089.54
Mandatory conversion at Company's option	only if, for 20 trading days (including the last trading day of such period), the closing price of Company's common stock exceeds 130% of conversion price (currently $6,551.46)
Mandatory conversion date	on or after 5/17/2015
Listed on NYSE?	No
NYSE Symbol	n/a
CUSIP - RegS	U16450204
CUSIP-144A	165167776
Unrestricted CUSIP	165167768

Cumulative Convertible	5.75% (Series A)
	IRS Form 8937
Date of original issue	5/17/2010
Number of shares outstanding	423,363
Par value per share	$0.01
Liquidation preference per share	$1,000
Annual dividend per share	$57.50
Dividend record dates	2/1; 5/1; 8/1; 11/1
Dividend payment dates	2/15; 5/15; 8/15; 11/15
Redeemable by Company?	No
Conversion rate per share	0.1918
Conversion price per share	$5,215.02
When convertible by holder?	anytime
Conversion price adjustment:
Dividend threshold amount	$0.075
Conversion price floor	$4,352.42
Mandatory conversion at Company's option	only if, for 20 trading days (including the last trading day of such period), the closing price of Company's common stock exceeds 130% of conversion price (currently $6,779.52)
Mandatory conversion date	on or after 5/17/2015
Listed on NYSE?	No
NYSE Symbol	n/a
CUSIP - RegS	U16450113
CUSIP-144A	165167784
Unrestricted CUSIP	165167750