EMERITUS CORP

CUSIP: 291005106 Class: COMMON STOCK

CARLSON CAPITAL L P's Holding History (CIK: 0001056973)

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

Q4 2013
Shares 1,815,487 Value ($000) $39,269 Avg Close — Range —
Q3 2013
Shares 1,705,687 Value ($000) $31,606 Avg Close — Range —
Q2 2013
Shares 1,112,706 Value ($000) $25,793 Avg Close — Range —