BRE PROPERTIES INC

CUSIP: 05564E106 Class: CL A

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q1 2014
Shares 21,300 Value ($000) $1,337 Avg Close — Range —
Q4 2013
Shares 21,100 Value ($000) $1,154 Avg Close — Range —
Q3 2013
Shares 12,700 Value ($000) $645 Avg Close — Range —