SER EDUCACIONAL SA

CUSIP: BFH4PZ9 Class: COM

BLAIR WILLIAM & CO/IL's Holding History (CIK: 0000902367)

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

Q4 2014
Shares 862,200 Value ($000) $9,598 Avg Close — Range —
Q3 2014
Shares 851,500 Value ($000) $8,777 Avg Close — Range —
Q2 2014
Shares 595,100 Value ($000) $6,882 Avg Close — Range —
Q4 2013
Shares 289,900 Value ($000) $2,888 Avg Close — Range —