VALEANT PHARMACEUTICALS

CUSIP: B3XSX46 Class: Common Stock

State of Tennessee, Department of Treasury's Holding History (CIK: 0001587973)

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

Q3 2014
Shares 440,731 Value ($000) $57,872 Avg Close — Range —
Q2 2014
Shares 452,958 Value ($000) $57,306 Avg Close — Range —
Q1 2014
Shares 455,913 Value ($000) $60,082 Avg Close — Range —
Q4 2013
Shares 455,913 Value ($000) $53,473 Avg Close — Range —
Q3 2013
Shares 426,532 Value ($000) $44,567 Avg Close — Range —