ISHARES INC

Ticker: EWP CUSIP: 464286764 Class: MSCI SPAIN ETF

HUSSMAN STRATEGIC ADVISORS, INC.'s Holding History (CIK: 0001179475)

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

Q3 2014

Shares 50,000 Value ($000) $1,945 Avg Close — Range —

Q2 2014

Shares 45,000 Value ($000) $1,927 Avg Close — Range —

Q1 2014

Shares 45,000 Value ($000) $1,836 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	50,000	$1,945	—	—
Q2 2014	45,000	$1,927	—	—
Q1 2014	45,000	$1,836	—	—