POWERSHARES QQQ TRUST

CUSIP: 73935A104 Class: COM

STATE OF MICHIGAN RETIREMENT SYSTEM's Holding History (CIK: 0000762152)

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

Q4 2015
Shares 35,000 Value ($000) $3,915 Avg Close — Range —
Q2 2014
Shares 40,000 Value ($000) $3,756 Avg Close — Range —
Q3 2013
Shares 30,000 Value ($000) $2,366 Avg Close — Range —