ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS's Holding History (CIK: 0001083190)

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

Q2 2014

Shares 349,825 Value ($000) $6,248 Avg Close $5.65 Range $5.39 - $6.00

Q1 2014

Shares 63,620 Value ($000) $1,121 Avg Close $5.73 Range $5.59 - $5.95

Q4 2013

Shares 63,620 Value ($000) $1,131 Avg Close $5.52 Range $5.29 - $5.75

Q3 2013

Shares 63,620 Value ($000) $1,100 Avg Close $5.37 Range $5.17 - $5.58

Q2 2013

Shares 63,620 Value ($000) $1,094 Avg Close $5.23 Range $4.93 - $5.49

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	349,825	$6,248	$5.65	$5.39 - $6.00
Q1 2014	63,620	$1,121	$5.73	$5.59 - $5.95
Q4 2013	63,620	$1,131	$5.52	$5.29 - $5.75
Q3 2013	63,620	$1,100	$5.37	$5.17 - $5.58
Q2 2013	63,620	$1,094	$5.23	$4.93 - $5.49