GERDAU SA

Ticker: GGB CUSIP: 373737105 Class: ADR

MASON STREET ADVISORS, LLC's Holding History (CIK: 0001167711)

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

Q4 2014
Shares 767,880 Value ($000) $2,726 Avg Close — Range —
Q3 2014
Shares 641,436 Value ($000) $3,079 Avg Close — Range —
Q2 2014
Shares 543,649 Value ($000) $3,202 Avg Close — Range —
Q1 2014
Shares 549,010 Value ($000) $3,519 Avg Close — Range —
Q4 2013
Shares 523,980 Value ($000) $4,108 Avg Close — Range —