TIME WARNER INC

CUSIP: 887317303 Class: COM NEW

Employees Retirement System of Texas's Holding History (CIK: 0001398739)

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

Q1 2018
Shares 39,000 Value ($000) $3,689 Avg Close — Range —
Q4 2017
Shares 43,000 Value ($000) $3,933 Avg Close — Range —
Q3 2017
Shares 152,300 Value ($000) $15,603 Avg Close — Range —
Q2 2017
Shares 152,300 Value ($000) $15,292 Avg Close — Range —
Q1 2017
Shares 153,300 Value ($000) $14,979 Avg Close — Range —
Q4 2016
Shares 153,300 Value ($000) $14,798 Avg Close — Range —
Q3 2016
Shares 47,000 Value ($000) $3,742 Avg Close — Range —
Q2 2016
Shares 47,000 Value ($000) $3,456 Avg Close — Range —
Q1 2016
Shares 50,000 Value ($000) $3,628 Avg Close — Range —
Q4 2015
Shares 50,000 Value ($000) $3,234 Avg Close — Range —
Q3 2015
Shares 55,000 Value ($000) $3,781 Avg Close — Range —
Q2 2015
Shares 55,000 Value ($000) $4,808 Avg Close — Range —
Q1 2015
Shares 58,000 Value ($000) $4,898 Avg Close — Range —
Q4 2014
Shares 58,000 Value ($000) $4,954 Avg Close — Range —
Q3 2014
Shares 58,000 Value ($000) $4,362 Avg Close — Range —
Q2 2014
Shares 63,000 Value ($000) $4,426 Avg Close — Range —
Q1 2014
Shares 85,000 Value ($000) $5,553 Avg Close — Range —
Q4 2013
Shares 124,000 Value ($000) $8,645 Avg Close — Range —
Q3 2013
Shares 208,790 Value ($000) $13,740 Avg Close — Range —
Q2 2013
Shares 259,800 Value ($000) $15,022 Avg Close — Range —