ISHARES INC

CUSIP: 46434g806 Class: MSCI RUSSIA CAP

Narwhal Capital Management's Holding History (CIK: 0001461287)

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

Q3 2015
Shares 26,449 Value ($000) $321 Avg Close — Range —
Q2 2015
Shares 49,449 Value ($000) $698 Avg Close — Range —
Q1 2015
Shares 71,449 Value ($000) $930 Avg Close — Range —