GERDAU SA

Ticker: GGB CUSIP: 373737105 Class: ADR

CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM's Holding History (CIK: 0000919079)

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

Q1 2015
Shares 562,084 Value ($000) $1,939 Avg Close — Range —
Q4 2014
Shares 562,084 Value ($000) $1,939 Avg Close — Range —
Q3 2014
Shares 481,197 Value ($000) $2,310 Avg Close — Range —
Q2 2014
Shares 959,893 Value ($000) $5,654 Avg Close — Range —
Q1 2014
Shares 595,233 Value ($000) $3,767 Avg Close — Range —
Q4 2013
Shares 116,233 Value ($000) $917 Avg Close — Range —