TENARIS S A

Ticker: TS CUSIP: 88031M109 Class: ADR

RATIONAL ADVISORS LLC's Holding History (CIK: 0001143565)

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

Q4 2013
Shares 44,300 Value ($000) $1,935 Avg Close — Range —
Q3 2013
Shares 44,700 Value ($000) $2,091 Avg Close — Range —
Q2 2013
Shares 44,800 Value ($000) $1,804 Avg Close — Range —
Q1 2013
Shares 44,800 Value ($000) $1,827 Avg Close — Range —
Q4 2012
Shares 44,800 Value ($000) $1,878 Avg Close — Range —
Q3 2012
Shares 44,800 Value ($000) $1,826 Avg Close — Range —
Q2 2012
Shares 44,800 Value ($000) $1,567 Avg Close — Range —
Q2 2011
Shares 3,350 Value ($000) $153 Avg Close — Range —
Q1 2011
Shares 3,350 Value ($000) $166 Avg Close — Range —
Q4 2010
Shares 36,650 Value ($000) $1,795 Avg Close — Range —
Q1 2010
Shares 42,000 Value ($000) $1,803 Avg Close — Range —
Q4 2009
Shares 41,800 Value ($000) $1,783 Avg Close — Range —
Q3 2009
Shares 20,400 Value ($000) $727 Avg Close — Range —
Q2 2009
Shares 29,400 Value ($000) $795 Avg Close — Range —
Q1 2009
Shares 10,000 Value ($000) $202 Avg Close — Range —