SALIX PHARMACEUTICALS INC

CUSIP: 795435106 Class: COM

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q1 2015
Shares 19,300 Value ($000) $3,335 Avg Close — Range —
Q4 2014
Shares 20,670 Value ($000) $2,376 Avg Close — Range —
Q3 2014
Shares 18,000 Value ($000) $2,812 Avg Close — Range —
Q2 2014
Shares 17,400 Value ($000) $2,146 Avg Close — Range —
Q1 2014
Shares 17,400 Value ($000) $1,803 Avg Close — Range —
Q4 2013
Shares 16,900 Value ($000) $1,520 Avg Close — Range —