POWERSHARES ETF TR II

CUSIP: 73936t573 Class: SOVEREIGN DEBT

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

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

Q2 2017
Shares 13,500 Value ($000) $395 Avg Close — Range —
Q1 2017
Shares 13,500 Value ($000) $392 Avg Close — Range —
Q4 2016
Shares 13,500 Value ($000) $382 Avg Close — Range —
Q3 2016
Shares 13,500 Value ($000) $414 Avg Close — Range —