ARES CAP CORP

CUSIP: 04010LAJ2 Class: 4.75% 01/15/18

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

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

Q4 2017
Shares 4,380,000 Value ($000) $4,380 Avg Close — Range —
Q3 2017
Shares 1,940,000 Value ($000) $1,950 Avg Close — Range —
Q2 2017
Shares 1,660,000 Value ($000) $1,683 Avg Close — Range —
Q1 2017
Shares 1,660,000 Value ($000) $1,692 Avg Close — Range —
Q4 2016
Shares 3,495,000 Value ($000) $3,578 Avg Close — Range —
Q3 2016
Shares 3,495,000 Value ($000) $3,604 Avg Close — Range —
Q2 2016
Shares 2,565,000 Value ($000) $2,653 Avg Close — Range —
Q1 2016
Shares 4,555,000 Value ($000) $4,606 Avg Close — Range —
Q4 2015
Shares 3,170,000 Value ($000) $3,146 Avg Close — Range —
Q3 2015
Shares 3,170,000 Value ($000) $3,241 Avg Close — Range —