ARCHER DANIELS MIDLAND CO

CUSIP: 039483AW2 Class: CNV

Cutler Capital Management, LLC's Holding History (CIK: 0001353098)

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

Q4 2013
Shares 581,000 Value ($000) $615 Avg Close — Range —
Q3 2013
Shares 581,000 Value ($000) $591 Avg Close — Range —
Q2 2013
Shares 581,000 Value ($000) $586 Avg Close — Range —