RAIT FINANCIAL TRUST

CUSIP: 749227AB0 Class: NOTE 4.000%10/0

LAZARD ASSET MANAGEMENT LLC's Holding History (CIK: 0001207017)

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

Q1 2016
Shares 9,625,000 Value ($000) $8,060 Avg Close — Range —
Q4 2015
Shares 12,230,000 Value ($000) $9,730 Avg Close — Range —
Q3 2015
Shares 12,615,000 Value ($000) $10,565 Avg Close — Range —
Q2 2015
Shares 12,995,000 Value ($000) $11,151 Avg Close — Range —
Q1 2015
Shares 13,110,000 Value ($000) $11,176 Avg Close — Range —
Q4 2014
Shares 15,025,000 Value ($000) $13,475 Avg Close — Range —
Q3 2014
Shares 15,000,000 Value ($000) $14,062 Avg Close — Range —
Q2 2014
Shares 13,500,000 Value ($000) $13,145 Avg Close — Range —
Q1 2014
Shares 11,000,000 Value ($000) $10,725 Avg Close — Range —
Q4 2013
Shares 14,500,000 Value ($000) $14,355 Avg Close — Range —