ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

Utah Retirement Systems's Holding History (CIK: 0001548392)

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

Q1 2014

Shares 53,031 Value ($000) $934 Avg Close $5.73 Range $5.59 - $5.95

Q4 2013

Shares 52,674 Value ($000) $936 Avg Close $5.52 Range $5.29 - $5.75

Q3 2013

Shares 48,509 Value ($000) $839 Avg Close $5.37 Range $5.17 - $5.58

Q2 2013

Shares 48,039 Value ($000) $826 Avg Close $5.23 Range $4.93 - $5.49

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	53,031	$934	$5.73	$5.59 - $5.95
Q4 2013	52,674	$936	$5.52	$5.29 - $5.75
Q3 2013	48,509	$839	$5.37	$5.17 - $5.58
Q2 2013	48,039	$826	$5.23	$4.93 - $5.49