Artisan Partners’s Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) GOL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-34,337	Closed	-$334K	–	375
2014 Q1	$334K	Sell	34,337 -2,597,728	-99%	-$25.3M	﹤0.01%	350
2013 Q4	$24.1M	Buy	+2,632,065	New	+$24.1M	0.04%	264