VALE S A

CUSIP: 91912E204 Class: COM

JANUS HENDERSON GROUP PLC's Holding History (CIK: 0001274173)

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

Q4 2014
Shares 100,000 Value ($000) $727 Avg Close — Range —
Q3 2014
Shares 598,382 Value ($000) $5,801 Avg Close — Range —
Q2 2014
Shares 689,582 Value ($000) $8,196 Avg Close — Range —
Q1 2014
Shares 776,182 Value ($000) $9,660 Avg Close — Range —
Q4 2013
Shares 1,496,582 Value ($000) $20,960 Avg Close — Range —
Q3 2013
Shares 1,323,182 Value ($000) $18,796 Avg Close — Range —
Q2 2013
Shares 1,420,382 Value ($000) $17,180 Avg Close — Range —