ARES COML REAL ESTATE CORP

CUSIP: 04013VAB4 Class: NOTE 7.000%12/1

WHITEBOX ADVISORS LLC's Holding History (CIK: 0001257391)

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

Q3 2015
Shares 6,000,000 Value ($000) $5,944 Avg Close — Range —
Q2 2015
Shares 6,000,000 Value ($000) $6,143 Avg Close — Range —
Q1 2015
Shares 6,000,000 Value ($000) $6,143 Avg Close — Range —
Q4 2014
Shares 6,000,000 Value ($000) $6,143 Avg Close — Range —
Q3 2014
Shares 6,000,000 Value ($000) $6,143 Avg Close — Range —
Q2 2014
Shares 7,000,000 Value ($000) $7,158 Avg Close — Range —
Q1 2014
Shares 7,000,000 Value ($000) $7,149 Avg Close — Range —