VALE S A

CUSIP: 91912E204 Class: COM

DnB Asset Management AS's Holding History (CIK: 0001456670)

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

Q3 2014
Shares 102,800 Value ($000) $998,188 Avg Close — Range —
Q2 2014
Shares 102,800 Value ($000) $1,222,292 Avg Close — Range —
Q4 2013
Shares 102,800 Value ($000) $1,440,228 Avg Close — Range —
Q3 2013
Shares 137,900 Value ($000) $1,959,559 Avg Close — Range —
Q2 2013
Shares 115,900 Value ($000) $1,405,867 Avg Close — Range —