SOTHEBYS

CUSIP: 835898107 Class: COM

Employees Retirement System of Texas's Holding History (CIK: 0001398739)

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

Q3 2014
Shares 92,000 Value ($000) $3,286 Avg Close — Range —
Q2 2014
Shares 92,000 Value ($000) $3,863 Avg Close — Range —