TIBCO SOFTWARE INC

CUSIP: 88632Q103 Class: COM

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q3 2014

Shares 43,300 Value ($000) $1,023 Avg Close — Range —

Q2 2014

Shares 42,300 Value ($000) $853 Avg Close — Range —

Q1 2014

Shares 42,300 Value ($000) $860 Avg Close — Range —

Q4 2013

Shares 41,900 Value ($000) $942 Avg Close — Range —

Q3 2013

Shares 25,600 Value ($000) $655 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	43,300	$1,023	—	—
Q2 2014	42,300	$853	—	—
Q1 2014	42,300	$860	—	—
Q4 2013	41,900	$942	—	—
Q3 2013	25,600	$655	—	—