ROYAL BK OF SCOTLAND PLC

CUSIP: 780099CJ4 Class: DEBT 7.500%12/3

MORGAN STANLEY's Holding History (CIK: 0000895421)

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

Q2 2017

Shares 200,000 Value ($000) $20,684 Avg Close — Range —

Q1 2017

Shares 200,000 Value ($000) $19,743 Avg Close — Range —

Q4 2016

Shares 11,912,000 Value ($000) $1,139,085 Avg Close — Range —

Q3 2016

Shares 200,000 Value ($000) $18,288 Avg Close — Range —

Q2 2016

Shares 200,000 Value ($000) $18,400 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	200,000	$20,684	—	—
Q1 2017	200,000	$19,743	—	—
Q4 2016	11,912,000	$1,139,085	—	—
Q3 2016	200,000	$18,288	—	—
Q2 2016	200,000	$18,400	—	—