TELEFONICA BRASIL SA

CUSIP: 87929A102 Class: SPON ADR PFD

Northwest & Ethical Investments L.P.'s Holding History (CIK: 0002033536)

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

Q3 2011
Shares 8,794 Value ($000) $233 Avg Close — Range —
Q2 2011
Shares 8,394 Value ($000) $249 Avg Close — Range —