SELECT SECTOR SPDR TR

Ticker: XLB CUSIP: 81369Y100 Class: SBI MATERIALS

STATE OF MICHIGAN RETIREMENT SYSTEM's Holding History (CIK: 0000762152)

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

Q3 2016
Shares 11,000 Value ($000) $525 Avg Close — Range —
Q2 2016
Shares 11,000 Value ($000) $510 Avg Close — Range —