GRAMERCY PPTY TR

CUSIP: 385002100 Class: COM

Employees Retirement System of Texas's Holding History (CIK: 0001398739)

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

Q4 2016

Shares 169,856 Value ($000) $1,559 Avg Close — Range —

Q3 2016

Shares 169,856 Value ($000) $1,637 Avg Close — Range —

Q2 2016

Shares 169,856 Value ($000) $1,566 Avg Close — Range —

Q1 2016

Shares 169,856 Value ($000) $1,435 Avg Close — Range —

Q4 2015

Shares 169,857 Value ($000) $1,311 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	169,856	$1,559	—	—
Q3 2016	169,856	$1,637	—	—
Q2 2016	169,856	$1,566	—	—
Q1 2016	169,856	$1,435	—	—
Q4 2015	169,857	$1,311	—	—