TIM PARTICIPACOES S A

CUSIP: 88706P205 Class: ADR

Walleye Trading LLC's Holding History (CIK: 0001388391)

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

Q3 2014
Shares 6,809 Value ($000) $178 Avg Close — Range —
Q2 2014
Shares 65,175 Value ($000) $1,892 Avg Close — Range —
Q1 2014
Shares 68,906 Value ($000) $1,789 Avg Close — Range —
Q4 2013
Shares 53,471 Value ($000) $1,403 Avg Close — Range —
Q3 2013
Shares 30,374 Value ($000) $716 Avg Close — Range —