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TFS CAPITAL LLC
> GSOL
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2016 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 13,951 | -41,371 | 128,000 | -282,000 | $9.17 |
| 03/31/2016 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 0 | -55,322 | 0 | -410,000 | |
| 12/31/2015 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 0 | -30,241 | 0 | -251,000 | |
| 09/30/2015 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 30,241 | -25,081 | 251,000 | -159,000 | $8.30 |
| 06/30/2015 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 46,492 | -8,830 | 323,000 | -87,000 | $6.95 |
| 09/30/2014 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 0 | -55,322 | 0 | -410,000 | |
| 06/30/2014 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 0 | -24,764 | 0 | -222,000 | |
| 03/31/2014 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 24,764 | -30,558 | 222,000 | -188,000 | $8.96 |
| 12/31/2013 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 41,155 | -14,167 | 335,000 | -75,000 | $8.14 |
| 09/30/2013 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 55,322 | 55,322 | 410,000 | 410,000 | $7.41 |
| 06/30/2013 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 61,498 | -19,793 | 413,000 | -114,000 | $6.72 |
| 03/31/2013 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 62,098 | -19,193 | 469,000 | -58,000 | $7.55 |
| 12/31/2012 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 81,291 | -11,993 | 527,000 | -85,000 | $6.48 |
| 09/30/2012 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 93,284 | -10,481 | 612,000 | -73,000 | $6.56 |
| 06/30/2012 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 103,765 | 42,169 | 685,000 | 306,000 | $6.60 |
| 03/31/2012 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 61,596 | 61,596 | 379,000 | 379,000 | $6.15 |
| 12/31/2011 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 0 | -35,662 | 0 | -241,000 | |
| 09/30/2011 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 35,662 | 17,437 | 241,000 | 74,000 | $6.76 |
| 06/30/2011 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 18,225 | 5,541 | 167,000 | 19,000 | $9.16 |
| 03/31/2011 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 12,684 | 822 | 148,000 | 35,000 | $11.67 |
| 12/31/2010 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 11,862 | -2,400 | 113,000 | 5,000 | $9.53 |
| 09/30/2010 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 14,262 | -4,167 | 108,000 | -36,000 | $7.57 |
| 06/30/2010 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 18,429 | 18,429 | 144,000 | 144,000 | $7.81 |
| 09/30/2009 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 0 | -22,085 | 0 | -159,000 | |
| 06/30/2009 | GLOBAL SOURCES LTD /BERMUDA | GSOL | 22,085 | 22,085 | 159,000 | 159,000 | $7.20 |
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