VALE S A

CUSIP: 91912E204 Class: COM

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

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

Q2 2017
Shares 361,600 Value ($000) $2,947 Avg Close — Range —
Q1 2017
Shares 361,600 Value ($000) $3,247 Avg Close — Range —
Q4 2016
Shares 361,600 Value ($000) $2,491 Avg Close — Range —
Q3 2016
Shares 279,500 Value ($000) $1,316 Avg Close — Range —