VANECK ETF TRUST

Ticker: GDX CUSIP: 92189F106 Class: GOLD MINERS ETF

SeaTown Holdings Pte. Ltd.'s Holding History (CIK: 0001512367)

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

Q1 2017

Shares 470,000 Value ($000) $10,721 Avg Close — Range —

Q3 2016

Shares 731,700 Value ($000) $19,339 Avg Close — Range —

Q2 2016

Shares 180,000 Value ($000) $4,988 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	470,000	$10,721	—	—
Q3 2016	731,700	$19,339	—	—
Q2 2016	180,000	$4,988	—	—