INTERNATIONAL SHIPHOLDING CO

CUSIP: 460321201 Class: CMN

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q3 2014
Shares 14,590 Value ($000) $261 Avg Close — Range —
Q2 2014
Shares 14,590 Value ($000) $334 Avg Close — Range —
Q1 2014
Shares 14,590 Value ($000) $430 Avg Close — Range —