ISHARES INC

Ticker: EWK CUSIP: 464286301 Class: MSCI BELGIUM ETF

Cambria Investment Management, L.P.'s Holding History (CIK: 0001529389)

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

Q3 2016

Shares 34,060 Value ($000) $642 Avg Close — Range —

Q2 2016

Shares 34,060 Value ($000) $603 Avg Close — Range —

Q1 2016

Shares 34,060 Value ($000) $601 Avg Close — Range —

Q1 2015

Shares 39,149 Value ($000) $661 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	34,060	$642	—	—
Q2 2016	34,060	$603	—	—
Q1 2016	34,060	$601	—	—
Q1 2015	39,149	$661	—	—