Page 237 of 347 State of Michigan Retirement Syslem Fint-In Firsl-Out ("FIFO") Share Accounting Gain (Lon) Analysis The Bear Smarm Companies, Inc. Common Snick (lass Period: December 14.2006 March 14.200n Clam Period Beynnin" 12/1a/7006 Clam Period End 3/34,2003 'Looirbock Period' Reynnorg 1117r2hOt