TIME WARNER INC

CUSIP: 887317303 Class: COM NEW

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

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

Q1 2018
Shares 20,430 Value ($000) $1,932 Avg Close — Range —
Q4 2017
Shares 20,090 Value ($000) $1,838 Avg Close — Range —
Q3 2017
Shares 28,190 Value ($000) $2,888 Avg Close — Range —
Q2 2017
Shares 33,420 Value ($000) $3,355 Avg Close — Range —
Q1 2017
Shares 31,680 Value ($000) $3,095 Avg Close — Range —
Q4 2016
Shares 31,680 Value ($000) $3,058 Avg Close — Range —
Q3 2016
Shares 33,020 Value ($000) $2,628 Avg Close — Range —
Q2 2016
Shares 32,960 Value ($000) $2,424 Avg Close — Range —
Q1 2016
Shares 28,000 Value ($000) $2,031 Avg Close — Range —
Q4 2015
Shares 28,330 Value ($000) $1,832 Avg Close — Range —
Q3 2015
Shares 28,170 Value ($000) $1,937 Avg Close — Range —
Q2 2015
Shares 24,710 Value ($000) $2,160 Avg Close — Range —
Q1 2015
Shares 24,800 Value ($000) $2,094 Avg Close — Range —
Q4 2014
Shares 30,500 Value ($000) $2,605 Avg Close — Range —
Q3 2014
Shares 30,500 Value ($000) $2,294 Avg Close — Range —
Q2 2014
Shares 30,900 Value ($000) $2,171 Avg Close — Range —
Q1 2014
Shares 30,900 Value ($000) $2,019 Avg Close — Range —
Q4 2013
Shares 31,200 Value ($000) $2,175 Avg Close — Range —
Q3 2013
Shares 31,200 Value ($000) $2,053 Avg Close — Range —