ROYAL BK SCOTLAND GROUP PLC

CUSIP: 780097713 Class: PREFERRED STOCK

Janney Montgomery Scott LLC's Holding History (CIK: 0001329948)

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

Q1 2014
Shares 12,555 Value ($000) $312,871 Avg Close Range
Q4 2013
Shares 11,355 Value ($000) $272,520 Avg Close Range
Q3 2013
Shares 11,855 Value ($000) $278,474 Avg Close Range