ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO's Holding History (CIK: 0000315297)

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

Q1 2014

Shares 84,957 Value ($000) $1,497 Avg Close $5.73 Range $5.59 - $5.95

Q4 2013

Shares 84,995 Value ($000) $1,510 Avg Close $5.52 Range $5.29 - $5.75

Q3 2013

Shares 83,923 Value ($000) $1,451 Avg Close $5.37 Range $5.17 - $5.58

Q2 2013

Shares 84,028 Value ($000) $1,445 Avg Close $5.23 Range $4.93 - $5.49

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	84,957	$1,497	$5.73	$5.59 - $5.95
Q4 2013	84,995	$1,510	$5.52	$5.29 - $5.75
Q3 2013	83,923	$1,451	$5.37	$5.17 - $5.58
Q2 2013	84,028	$1,445	$5.23	$4.93 - $5.49