TELEFONICA BRASIL SA

CUSIP: 87936R106 Class: COM

COMMERZBANK AKTIENGESELLSCHAFT /FI's Holding History (CIK: 0000852933)

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

Q2 2014
Shares 13,303 Value ($000) $273 Avg Close — Range —
Q1 2014
Shares 13,303 Value ($000) $283 Avg Close — Range —
Q4 2013
Shares 13,303 Value ($000) $253 Avg Close — Range —
Q3 2013
Shares 37,688 Value ($000) $846 Avg Close — Range —
Q2 2013
Shares 39,737 Value ($000) $907 Avg Close — Range —