VALE S A

Ticker: VALE CUSIP: 91912E105 Class: SPONSORED ADS

Wharton Business Group, LLC's Holding History (CIK: 0001513126)

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

Q1 2014

Shares 10,817 Value ($000) $150 Avg Close — Range —

Q4 2013

Shares 11,322 Value ($000) $173 Avg Close — Range —

Q3 2013

Shares 107,836 Value ($000) $1,683 Avg Close — Range —

Q2 2013

Shares 109,863 Value ($000) $1,445 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	10,817	$150	—	—
Q4 2013	11,322	$173	—	—
Q3 2013	107,836	$1,683	—	—
Q2 2013	109,863	$1,445	—	—