ROYAL BK SCOTLAND GROUP PLC

CUSIP: 780097BB6 Class: NOTE 8.625%12/3

MORGAN STANLEY's Holding History (CIK: 0000895421)

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

Q2 2017
Shares 943,000 Value ($000) $102,782 Avg Close — Range —
Q1 2017
Shares 200,000 Value ($000) $20,898 Avg Close — Range —
Q4 2016
Shares 200,000 Value ($000) $20,213 Avg Close — Range —