FOREST CITY ENTERPRISES INC

CUSIP: 345550107 Class: COM

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

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

Q3 2015
Shares 26,590 Value ($000) $535 Avg Close — Range —
Q2 2015
Shares 24,140 Value ($000) $533 Avg Close — Range —
Q1 2015
Shares 24,516 Value ($000) $626 Avg Close — Range —
Q4 2014
Shares 25,060 Value ($000) $534 Avg Close — Range —
Q3 2014
Shares 25,060 Value ($000) $490 Avg Close — Range —