Gold Reserve Inc.

CUSIP: 38068N108 Class: CMN

Aperio Group, LLC's Holding History (CIK: 0001364615)

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

Q1 2014
Shares 13,446 Value ($000) $48 Avg Close — Range —
Q4 2013
Shares 13,446 Value ($000) $48 Avg Close — Range —
Q3 2013
Shares 13,446 Value ($000) $45 Avg Close — Range —
Q2 2013
Shares 13,446 Value ($000) $39 Avg Close — Range —