ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

Swiss National Bank's Holding History (CIK: 0001582202)

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

Q1 2014

Shares 318,300 Value ($000) $5,608 Avg Close $5.73 Range $5.59 - $5.95

Q4 2013

Shares 251,600 Value ($000) $4,471 Avg Close $5.52 Range $5.29 - $5.75

Q3 2013

Shares 233,300 Value ($000) $4,034 Avg Close $5.37 Range $5.17 - $5.58

Q2 2013

Shares 235,100 Value ($000) $4,044 Avg Close $5.23 Range $4.93 - $5.49

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	318,300	$5,608	$5.73	$5.59 - $5.95
Q4 2013	251,600	$4,471	$5.52	$5.29 - $5.75
Q3 2013	233,300	$4,034	$5.37	$5.17 - $5.58
Q2 2013	235,100	$4,044	$5.23	$4.93 - $5.49