AFFORDABLE RESIDENTIAL CMNTY

CUSIP: 00828UAB9 Class: NOTE 7.500% 8/1

LAZARD ASSET MANAGEMENT LLC's Holding History (CIK: 0001207017)

Note: Option positions (PUT/CALL) are excluded.

Q3 2013
Shares 4,500,000 Value ($000) $6,224 Avg Close — Range —
Q2 2013
Shares 10,000,000 Value ($000) $12,625 Avg Close — Range —