SEADRILL LIMITED

CUSIP: G7945E105 Class: COM

Arrow Investment Advisors, LLC's Holding History (CIK: 0001378410)

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

Q3 2014
Shares 33,667 Value ($000) $903 Avg Close — Range —
Q2 2014
Shares 28,440 Value ($000) $1,128 Avg Close — Range —