ARCOS DORADOS HOLDINGS INC

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

OAKTREE CAPITAL MANAGEMENT LP's Holding History (CIK: 0000949509)

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

Q1 2013

Shares 342,900 Value ($000) $4,101 Avg Close $10.93 Range $9.77 - $11.89

Q4 2012

Shares 342,900 Value ($000) $4,101 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2013	342,900	$4,101	$10.93	$9.77 - $11.89
Q4 2012	342,900	$4,101	—	—