TENARIS S A

Ticker: TS CUSIP: 88031M109 Class: ADR

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

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

Q1 2016
Shares 13,906 Value ($000) $344 Avg Close — Range —
Q4 2015
Shares 17,244 Value ($000) $410 Avg Close — Range —