ISHARES INC

Ticker: EWY CUSIP: 464286772 Class: MSCI STH KOR ETF

Gramercy Funds Management LLC's Holding History (CIK: 0001548836)

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

Q3 2013
Shares 2,300 Value ($000) $141 Avg Close — Range —
Q2 2013
Shares 2,000 Value ($000) $106 Avg Close — Range —