GERDAU SA

Ticker: GGB CUSIP: 373737105 Class: ADR

SYSTEMATIC FINANCIAL MANAGEMENT LP's Holding History (CIK: 0001085936)

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

Q2 2014
Shares 1,819,216 Value ($000) $10,715 Avg Close — Range —
Q1 2014
Shares 23,549,862 Value ($000) $150,954 Avg Close — Range —
Q4 2013
Shares 15,586,117 Value ($000) $122,195 Avg Close — Range —
Q3 2013
Shares 10,042,482 Value ($000) $74,916 Avg Close — Range —