RYLAND GROUP INC

CUSIP: 783764AQ6 Class: NOTE 1.625%

BNP PARIBAS ARBITRAGE, SA's Holding History (CIK: 0001166588)

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

Q3 2016

Shares 2,000,000 Value ($000) $2,393,760 Avg Close — Range —

Q2 2016

Shares 2,000,000 Value ($000) $2,563,760 Avg Close — Range —

Q3 2015

Shares 14,500,000 Value ($000) $20,008,731 Avg Close — Range —

Q1 2015

Shares 14,500,000 Value ($000) $22,837,500 Avg Close — Range —

Q4 2014

Shares 7,000,000 Value ($000) $9,458,749 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	2,000,000	$2,393,760	—	—
Q2 2016	2,000,000	$2,563,760	—	—
Q3 2015	14,500,000	$20,008,731	—	—
Q1 2015	14,500,000	$22,837,500	—	—
Q4 2014	7,000,000	$9,458,749	—	—