ISHARES TR

Ticker: EEM CUSIP: 464287234 Class: MSCI EMG MKT ETF

Carlyle Group Inc.'s Holding History (CIK: 0001527166)

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

Q1 2015

Shares 49,667 Value ($000) $1,993 Avg Close — Range —

Q4 2014

Shares 84,127 Value ($000) $3,305 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	49,667	$1,993	—	—
Q4 2014	84,127	$3,305	—	—