ISHARES

CUSIP: 464286384 Class: MSCI EMRG EMEA

Narwhal Capital Management's Holding History (CIK: 0001461287)

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

Q4 2014
Shares 6,300 Value ($000) $268 Avg Close — Range —
Q3 2014
Shares 11,600 Value ($000) $558 Avg Close — Range —
Q2 2014
Shares 11,600 Value ($000) $637 Avg Close — Range —
Q1 2014
Shares 11,600 Value ($000) $587 Avg Close — Range —
Q4 2013
Shares 11,600 Value ($000) $620 Avg Close — Range —
Q3 2013
Shares 11,600 Value ($000) $612 Avg Close — Range —
Q2 2013
Shares 7,300 Value ($000) $344 Avg Close — Range —