ISHARES INC

Ticker: EWD CUSIP: 464286756 Class: MSCI SWEDEN ETF

BAILARD, INC.'s Holding History (CIK: 0000750641)

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

Q2 2015

Shares 8,860 Value ($000) $281 Avg Close — Range —

Q1 2015

Shares 9,360 Value ($000) $313 Avg Close — Range —

Q2 2014

Shares 8,000 Value ($000) $282 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	8,860	$281	—	—
Q1 2015	9,360	$313	—	—
Q2 2014	8,000	$282	—	—