ARCOS DORADOS HOLDINGS INC

Ticker: ARCO CUSIP: G0457F107 Class: SHS CLASS -A -

NEW YORK STATE COMMON RETIREMENT FUND's Holding History (CIK: 0000810265)

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

Q3 2016

Shares 62,253 Value ($000) $328 Avg Close $4.61 Range $3.94 - $5.18

Q2 2016

Shares 62,253 Value ($000) $297 Avg Close $3.77 Range $2.84 - $4.44

Q2 2015

Shares 93,300 Value ($000) $491 Avg Close $4.97 Range $4.15 - $5.71

Q1 2015

Shares 93,300 Value ($000) $460 Avg Close $4.52 Range $3.54 - $5.13

Q4 2014

Shares 93,300 Value ($000) $505 Avg Close $5.19 Range $4.42 - $6.05

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	62,253	$328	$4.61	$3.94 - $5.18
Q2 2016	62,253	$297	$3.77	$2.84 - $4.44
Q2 2015	93,300	$491	$4.97	$4.15 - $5.71
Q1 2015	93,300	$460	$4.52	$3.54 - $5.13
Q4 2014	93,300	$505	$5.19	$4.42 - $6.05