TOWERS WATSON & CO

CUSIP: 891894107 Class: CL A

Arizona State Retirement System's Holding History (CIK: 0001558481)

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

Q4 2015
Shares 34,865 Value ($000) $4,479 Avg Close — Range —
Q3 2015
Shares 31,357 Value ($000) $3,681 Avg Close — Range —
Q4 2014
Shares 47,500 Value ($000) $5,375 Avg Close — Range —
Q3 2014
Shares 43,600 Value ($000) $4,338 Avg Close — Range —
Q2 2014
Shares 41,700 Value ($000) $4,346 Avg Close — Range —
Q1 2014
Shares 40,700 Value ($000) $4,641 Avg Close — Range —
Q4 2013
Shares 44,800 Value ($000) $5,716 Avg Close — Range —
Q3 2013
Shares 50,000 Value ($000) $5,348 Avg Close — Range —
Q2 2013
Shares 43,300 Value ($000) $3,548 Avg Close — Range —
Q1 2013
Shares 45,200 Value ($000) $3,133 Avg Close — Range —