EQUITY RESIDENTIAL

Ticker: EQR CUSIP: 29476L107 Class: SH BEN INT

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

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

Q1 2016

Shares 16,000 Value ($000) $1,200 Avg Close $46.57 Range $41.70 - $50.70

Q1 2015

Shares 19,200 Value ($000) $1,495 Avg Close $45.31 Range $41.77 - $48.17

Q4 2014

Shares 8,500 Value ($000) $611 Avg Close $39.89 Range $35.39 - $43.31

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	16,000	$1,200	$46.57	$41.70 - $50.70
Q1 2015	19,200	$1,495	$45.31	$41.77 - $48.17
Q4 2014	8,500	$611	$39.89	$35.39 - $43.31