ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

Hirtle Callaghan & Co LLC's Holding History (CIK: 0001360710)

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

Q3 2014

Shares 3,001 Value ($000) $48 Avg Close $5.68 Range $5.43 - $6.00

Q2 2014

Shares 2,939 Value ($000) $54 Avg Close $5.65 Range $5.39 - $6.00

Q1 2014

Shares 2,871 Value ($000) $52 Avg Close $5.73 Range $5.59 - $5.95

Q4 2013

Shares 2,804 Value ($000) $51 Avg Close $5.52 Range $5.29 - $5.75

Q3 2013

Shares 2,746 Value ($000) $49 Avg Close $5.37 Range $5.17 - $5.58

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	3,001	$48	$5.68	$5.43 - $6.00
Q2 2014	2,939	$54	$5.65	$5.39 - $6.00
Q1 2014	2,871	$52	$5.73	$5.59 - $5.95
Q4 2013	2,804	$51	$5.52	$5.29 - $5.75
Q3 2013	2,746	$49	$5.37	$5.17 - $5.58