ARES CAP CORP

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

Radcliffe Capital Management, L.P.'s Holding History (CIK: 0001218275)

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

Q4 2017
Shares 36,716,000 Value ($000) $36,780 Avg Close — Range —
Q3 2017
Shares 16,466,000 Value ($000) $16,610 Avg Close — Range —
Q2 2017
Shares 15,246,000 Value ($000) $15,476 Avg Close — Range —
Q1 2017
Shares 16,266,000 Value ($000) $16,594 Avg Close — Range —
Q4 2016
Shares 18,101,000 Value ($000) $18,576 Avg Close — Range —
Q3 2016
Shares 18,101,000 Value ($000) $18,755 Avg Close — Range —
Q2 2016
Shares 15,468,000 Value ($000) $16,084 Avg Close — Range —
Q1 2016
Shares 27,468,000 Value ($000) $27,942 Avg Close — Range —
Q4 2015
Shares 17,793,000 Value ($000) $17,821 Avg Close — Range —
Q3 2015
Shares 11,343,000 Value ($000) $11,677 Avg Close — Range —
Q2 2015
Shares 7,669,000 Value ($000) $7,887 Avg Close — Range —
Q1 2015
Shares 2,639,000 Value ($000) $2,761 Avg Close — Range —
Q4 2014
Shares 2,639,000 Value ($000) $2,734 Avg Close — Range —