ARES CAP CORP

CUSIP: 04010LAB9 Class: CORPORATE OBLIG

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

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

Q4 2015
Shares 1,000,000 Value ($000) $999 Avg Close — Range —
Q3 2015
Shares 1,000,000 Value ($000) $1,008 Avg Close — Range —
Q2 2015
Shares 1,000,000 Value ($000) $1,020 Avg Close — Range —
Q1 2015
Shares 1,000,000 Value ($000) $1,033 Avg Close — Range —
Q4 2014
Shares 1,000,000 Value ($000) $1,032 Avg Close — Range —
Q3 2014
Shares 1,000,000 Value ($000) $1,045 Avg Close — Range —
Q2 2014
Shares 1,000,000 Value ($000) $1,069 Avg Close — Range —
Q1 2014
Shares 1,000,000 Value ($000) $1,089 Avg Close — Range —
Q4 2013
Shares 1,000,000 Value ($000) $1,080 Avg Close — Range —
Q3 2013
Shares 1,000,000 Value ($000) $1,073 Avg Close — Range —