ISHARES TR

Ticker: HYG CUSIP: 464288513 Class: IBOXX HI YD ETF

KINGDON CAPITAL MANAGEMENT, L.L.C.'s Holding History (CIK: 0001000097)

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

Q1 2017
Shares 150,000 Value ($000) $13,167 Avg Close — Range —
Q1 2016
Shares 250,000 Value ($000) $20,423 Avg Close — Range —