ROYAL BK SCOTLAND GROUP PLC

CUSIP: 780097739 Class: CMN

Watershed Asset Management, L.L.C.'s Holding History (CIK: 0001315926)

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

Q2 2014
Shares 151,573 Value ($000) $3,721 Avg Close — Range —
Q1 2014
Shares 151,573 Value ($000) $3,501 Avg Close — Range —
Q4 2013
Shares 231,879 Value ($000) $4,988 Avg Close — Range —