X0304 4 2011-09-22 0 0000316300 EXCO RESOURCES INC XCO 0001202045 WL ROSS & CO LLC C/O WL ROSS GROUP, L.P. 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001431791 El Vedado, LLC 319 CLEMATIS STREET ROOM 1000 (10TH FLOOR) WEST PALM BEACH FL 33401 0 0 1 0 0001026610 ROSS WILBUR L JR 319 CLEMATIS STREET ROOM 1000 (10TH FLOOR) WEST PALM BEACH FL 33401 0 0 1 0 0001429295 WLR Recovery Associates IV LLC C/O WL ROSS GROUP, L.P. 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001527459 WLR Recovery Fund IV XCO AIV I, L.P. C/O WL ROSS GROUP, L.P. 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001527460 WLR Recovery Fund IV XCO AIV II, L.P. C/O WL ROSS GROUP, L.P. 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001527464 WLR Recovery Fund IV XCO AIV III, L.P. C/O WL ROSS GROUP, L.P. 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001527461 WLR Select Associates LLC C/O WL ROSS GROUP, L.P. 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001527463 WLR Select Co-Investment XCO AIV, L.P. C/O WL ROSS GROUP, L.P. 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 0001431790 WL Ross Group, L.P. C/O WL ROSS GROUP, L.P. 1166 AVENUE OF THE AMERICAS NEW YORK NY 10036 0 0 1 0 Common Stock, par value $0.001 per share 2011-09-22 4 P 0 100646 11.01 A 6932030 I See Footnotes Common Stock, par value $0.001 per share 2011-09-22 4 P 0 89452 11.01 A 6258663 I See Footnotes Common Stock, par value $0.001 per share 2011-09-22 4 P 0 89431 11.01 A 6257083 I See Footnotes Common Stock, par value $0.001 per share 2011-09-22 4 P 0 89450 11.01 A 6258443 I See Footnotes Common Stock, par value $0.001 per share 2011-09-22 4 P 0 1021 11.01 A 71221 I See Footnotes Common Stock, par value $0.001 per share 2011-09-23 4 P 0 27202 11.20 A 6959232 I See Footnotes Common Stock, par value $0.001 per share 2011-09-23 4 P 0 24176 11.20 A 6282839 I See Footnotes Common Stock, par value $0.001 per share 2011-09-23 4 P 0 24170 11.20 A 6281253 I See Footnotes Common Stock, par value $0.001 per share 2011-09-23 4 P 0 24176 11.20 A 6282619 I See Footnotes Common Stock, par value $0.001 per share 2011-09-23 4 P 0 276 11.20 A 71497 I See Footnotes Common Stock, par value $0.001 per share 2011-09-26 4 P 0 10337 11.05 A 6969569 I See Footnotes Common Stock, par value $0.001 per share 2011-09-26 4 P 0 9186 11.05 A 6292025 I See Footnotes Common Stock, par value $0.001 per share 2011-09-26 4 P 0 9185 11.05 A 6290438 I See Footnotes Common Stock, par value $0.001 per share 2011-09-26 4 P 0 9187 11.05 A 6291806 I See Footnotes Common Stock, par value $0.001 per share 2011-09-26 4 P 0 105 11.05 A 71602 I See Footnotes Common Stock, par value $0.001 per share 1547037 I See Footnotes This price represents the approximate weighted average price per share of common stock of EXCO Resources, Inc. (the "Issuer"), par value $0.001 per share (each a "Share") of purchases that were executed at prices ranging from $10.59 to $11.26 per Share. The Reporting Persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares purchased at each price. These Shares are held by WLR Select Co-Investment XCO AIV, L.P. ("Co-Invest Fund AIV"). Wilbur L. Ross, Jr. is the Chairman and Chief Executive Officer of WL Ross & Co. LLC ("WLR LLC") and the managing member of El Vedado, LLC, the general partner of WL Ross Group, L.P. ("WLR LP"), which in turn is the managing member of WLR Recovery Associates IV LLC ("Fund IV"), WLR Select Associates LLC ("WLR Select") and WLR Master Co-Investment GP, LLC ("WLR Master"). Fund IV is the general partner of Fund IV AIV I, Fund IV AIV II and Fund IV AIV III. Invesco Private Capital, Inc. is the managing member of INVESCO WLR IV Associates LLC, which is in turn the general partner of Parallel Fund. WLR Select is the general partner of Co-Invest Fund AIV. WLR Master is the general partner of WLR/GS Fund AIV. WLR LLC is the investment manager of WLR/GS Fund AIV. WLR LLC is the investment manager of Fund IV AIV I, Fund IV AIV II, Fund IV AIV III, Parallel Fund, Co-Invest Fund AIV and WLR/GS Fund AIV. These Shares are held by WLR Recovery Fund IV XCO AIV I, L.P. ("Fund IV AIV I"). These Shares are held by WLR Recovery Fund IV XCO AIV II, L.P. ("Fund IV AIV II"). These Shares are held by WLR Recovery Fund IV XCO AIV III, L.P. ("Fund IV AIV III"). These Shares are held by WLR IV Parallel ESC, L.P. ("Parallel Fund"). This price represents the approximate weighted average price per Share of purchases that were executed at prices ranging from $11.11 to $11.25 per Share. The Reporting Persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares purchased at each price. This price represents the approximate weighted average price per Share of purchases that were executed at prices ranging from $10.98 to $11.72 per Share. The Reporting Persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares purchased at each price. These Shares are held by WLR/GS Master Co-Investment XCO AIV, L.P. ("WLR/GS Fund AIV"). This Form 4 is being filed in two parts due to the large number of Reporting Persons. Please reference the Form 4 filing filed on the date hereof separately by WLR LLC, Parallel Fund, Invesco Private Capital, Inc., INVESCO WLR IV Associates LLC, WLR/GS Fund AIV, WLR Master. Pursuant to Rule 16a-1(a)(2)(ii)(B) under the Securities Exchange Act of 1934, as amended (the "Act"), each of the Reporting Persons may be deemed to be the beneficial owner of the securities reported herein only to the extent of his or its pecuniary interest therein. Pursuant to Rule 16a-1(a)(4) under the Act, this filing shall not be deemed an admission that any of the Reporting Persons is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities reported herein in excess of such amount. WL ROSS & CO. LLC By: Wilbur L. Ross, Jr., its Chairman and Chief Executive Officer /s/ Wilbur L. Ross, Jr. 2011-09-26 EL VEDADO, LLC, By: /s/ Wilbur L. Ross, Jr., its Managing Member 2011-09-26 /s/ Wilbur L. Ross, Jr. 2011-09-26 WLR RECOVERY ASSOCIATES IV LLC, By: WL Ross Group, L.P., its Managing Member, By: El Vedado, LLC, its General Partner, By: /s/ Wilbur L. Ross, Jr., its Managing Member 2011-09-26 WLR RECOVERY FUND IV XCO AIV I, L.P., By: WLR Recovery Associates IV LLC, its General Partner, By: WL Ross Group, L.P., its Managing Member, By: El Vedado, LLC, its General Partner, By: /s/ Wilbur L. Ross, Jr., its Managing Member 2011-09-26 WLR RECOVERY FUND IV XCO AIV II, L.P., By: WLR Recovery Associates IV LLC, its General Partner, By: WL Ross Group, L.P., its Managing Member, By: El Vedado, LLC, its General Partner, By: /s/ Wilbur L. Ross, Jr., its Managing Member 2011-09-26 WLR RECOVERY FUND IV XCO AIV III, L.P., By: WLR Recovery Associates IV LLC, its General Partner, By: WL Ross Group, L.P., its Managing Member, By: El Vedado, LLC, its General Partner, By: /s/ Wilbur L. Ross, Jr., its Managing Member 2011-09-26 WLR SELECT ASSOCIATES LLC, By: WL Ross Group, L.P., its Managing Member, By: El Vedado, LLC, its General Partner, By: /s/ Wilbur L. Ross, Jr., its Managing Member 2011-09-26 WLR SELECT CO-INVESTMENT XCO AIV, L.P. , By: WLR Select Associates LLC, its General Partner, By: WL Ross Group, L.P., its Managing Member, By: El Vedado, LLC, its General Partner, By: /s/ Wilbur L. Ross, Jr., its Managing Member 2011-09-26 WL ROSS GROUP, L.P., By: El Vedado, LLC, its General Partner, By: /s/ Wilbur L. Ross, Jr., its Managing Member 2011-09-26