VALE S A

CUSIP: 91912e105 Class: COM

Convergence Investment Partners, LLC's Holding History (CIK: 0001456133)

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

Q1 2014
Shares 11,267 Value ($000) $156 Avg Close — Range —
Q4 2013
Shares 13,664 Value ($000) $208 Avg Close — Range —
Q3 2013
Shares 16,804 Value ($000) $262 Avg Close — Range —