JAPAN EQUITY FD INC

CUSIP: 471057109 Class: COM

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

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

Q1 2014
Shares 217,820 Value ($000) $1,422 Avg Close — Range —
Q4 2013
Shares 122,746 Value ($000) $858 Avg Close — Range —
Q2 2013
Shares 12,000 Value ($000) $78 Avg Close — Range —