NOVO-NORDISK A S

Ticker: NVO CUSIP: 670100205 Class: SPONSORED ADR

MAD RIVER INVESTORS's Holding History (CIK: 0001384484)

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

Q3 2013

Shares 10,235 Value ($000) $1,732 Avg Close — Range —

Q2 2013

Shares 10,560 Value ($000) $1,636 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	10,235	$1,732	—	—
Q2 2013	10,560	$1,636	—	—