RYLAND GROUP INC

CUSIP: 783764AS2 Class: NOTE 0.250% 6/0

MACKAY SHIELDS LLC's Holding History (CIK: 0000061227)

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

Q1 2014
Shares 649,000 Value ($000) $615 Avg Close — Range —
Q4 2013
Shares 3,972,000 Value ($000) $3,710 Avg Close — Range —
Q3 2013
Shares 7,716,000 Value ($000) $7,063 Avg Close — Range —
Q2 2013
Shares 4,175,000 Value ($000) $3,789 Avg Close — Range —