VALE S A

CUSIP: 91912E10 Class: ADR

State of New Jersey Common Pension Fund D's Holding History (CIK: 0001483066)

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

Q4 2013
Shares 1,564,557 Value ($000) $23,860 Avg Close — Range —
Q3 2013
Shares 1,084,757 Value ($000) $16,933 Avg Close — Range —
Q2 2013
Shares 1,653,457 Value ($000) $21,743 Avg Close — Range —