ROYAL BK SCOTLAND GROUP PLC

CUSIP: 780097713 Class: PREFERRED STOCK

Westchester Capital Management, LLC's Holding History (CIK: 0001512805)

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

Q4 2013
Shares 44,844 Value ($000) $1,077 Avg Close — Range —
Q3 2013
Shares 44,844 Value ($000) $1,053 Avg Close — Range —
Q2 2013
Shares 44,844 Value ($000) $1,074 Avg Close — Range —
Q1 2013
Shares 165,844 Value ($000) $4,040 Avg Close — Range —
Q4 2012
Shares 165,844 Value ($000) $3,965 Avg Close — Range —