ROYAL BK SCOTLAND GROUP PLC

CUSIP: 780097689 Class: SPONS ADR 2 ORD

ARGA Investment Management, LP's Holding History (CIK: 0001556915)

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

Q4 2014
Shares 17,400 Value ($000) $211 Avg Close — Range —
Q3 2014
Shares 17,400 Value ($000) $208 Avg Close — Range —
Q2 2014
Shares 58,900 Value ($000) $666 Avg Close — Range —
Q1 2014
Shares 58,900 Value ($000) $612 Avg Close — Range —
Q4 2013
Shares 58,900 Value ($000) $668 Avg Close — Range —
Q3 2013
Shares 67,000 Value ($000) $777 Avg Close — Range —
Q2 2013
Shares 67,800 Value ($000) $570 Avg Close — Range —
Q3 2012
Shares 67,000 Value ($000) $777 Avg Close — Range —