AMERICAN HOMES 4 RENT

Ticker: AMH CUSIP: 02665T306 Class: EQTY

Arbiter Partners Capital Management LLC's Holding History (CIK: 0001513193)

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

Q1 2015
Shares 10,000 Value ($000) $166 Avg Close — Range —
Q4 2014
Shares 10,000 Value ($000) $170 Avg Close — Range —
Q3 2014
Shares 10,000 Value ($000) $169 Avg Close — Range —
Q2 2014
Shares 10,000 Value ($000) $178 Avg Close — Range —