OI S.A.

CUSIP: 670851203 Class: SPN ADR REP PFD

Standard Investments LLC's Holding History (CIK: 0001539436)

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

Q2 2014
Shares 2,948,438 Value ($000) $2,530 Avg Close — Range —
Q4 2013
Shares 901,459 Value ($000) $1,433 Avg Close — Range —