REPSOL SA

Ticker: REPYY CUSIP: 76026T205 Class: ADR

CONFLUENCE INVESTMENT MANAGEMENT LLC's Holding History (CIK: 0001442056)

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

Q1 2014
Shares 14,060 Value ($000) $360 Avg Close — Range —
Q4 2013
Shares 14,756 Value ($000) $373 Avg Close — Range —
Q3 2013
Shares 15,602 Value ($000) $387 Avg Close — Range —
Q2 2013
Shares 15,784 Value ($000) $334 Avg Close — Range —