BAIDU INC

Ticker: BIDU CUSIP: 056752108 Class: SPON ADR REP A

New Vernon Capital Holdings II LLC's Holding History (CIK: 0001512538)

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

Q4 2014

Shares 4,306 Value ($000) $982 Avg Close — Range —

Q1 2014

Shares 17,449 Value ($000) $2,657 Avg Close — Range —

Q4 2013

Shares 10,164 Value ($000) $1,808 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	4,306	$982	—	—
Q1 2014	17,449	$2,657	—	—
Q4 2013	10,164	$1,808	—	—