ROYAL BK SCOTLAND GROUP PLC

CUSIP: 780097689 Class: SPONS ADR 2 ORD

PICTON MAHONEY ASSET MANAGEMENT's Holding History (CIK: 0001539041)

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

Q2 2014
Shares 49,250 Value ($000) $556 Avg Close — Range —
Q1 2014
Shares 49,250 Value ($000) $511 Avg Close — Range —
Q4 2013
Shares 31,250 Value ($000) $354 Avg Close — Range —