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MILBANK WINTHROP & CO INC
> DOW
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2011 | DOW CHEMICAL CO /DE/ | DOW | 0 | -6,600 | 0 | -238,000 | |
| 06/30/2011 | DOW CHEMICAL CO /DE/ | DOW | 6,600 | 0 | 238,000 | -11,000 | $36.06 |
| 03/31/2011 | DOW CHEMICAL CO /DE/ | DOW | 6,600 | 0 | 249,000 | 24,000 | $37.73 |
| 12/31/2010 | DOW CHEMICAL CO /DE/ | DOW | 6,600 | 6,600 | 225,000 | 225,000 | $34.09 |
| 12/31/2008 | DOW CHEMICAL CO /DE/ | DOW | 0 | -6,600 | 0 | -210,000 | |
| 09/30/2008 | DOW CHEMICAL CO /DE/ | DOW | 6,600 | 0 | 210,000 | -20,000 | $31.82 |
| 06/30/2008 | DOW CHEMICAL CO /DE/ | DOW | 6,600 | 0 | 230,000 | -13,000 | $34.85 |
| 03/31/2008 | DOW CHEMICAL CO /DE/ | DOW | 6,600 | 0 | 243,000 | -17,000 | $36.82 |
| 12/31/2007 | DOW CHEMICAL CO /DE/ | DOW | 6,600 | 0 | 260,000 | -24,000 | $39.39 |
| 09/30/2007 | DOW CHEMICAL CO /DE/ | DOW | 6,600 | -1,000 | 284,000 | -52,000 | $43.03 |
| 06/30/2007 | DOW CHEMICAL CO /DE/ | DOW | 7,600 | 0 | 336,000 | -13,000 | $44.21 |
| 03/31/2007 | DOW CHEMICAL CO /DE/ | DOW | 7,600 | 0 | 349,000 | 45,760 | $45.92 |
| 12/31/2006 | DOW CHEMICAL CO /DE/ | DOW | 7,600 | 0 | 303,240 | 7,240 | $39.90 |
| 09/30/2006 | DOW CHEMICAL CO /DE/ | DOW | 7,600 | 0 | 296,000 | -1,000 | $38.95 |
| 06/30/2006 | DOW CHEMICAL CO /DE/ | DOW | 7,600 | 7,600 | 297,000 | 297,000 | $39.08 |
| 03/31/2006 | DOW CHEMICAL CO /DE/ | DOW | 7,600 | 600 | 309,000 | 1,000 | $40.66 |
| 12/31/2005 | DOW CHEMICAL CO /DE/ | DOW | 7,000 | -2,400 | 308,000 | -84,000 | $44.00 |
| 09/30/2005 | DOW CHEMICAL CO /DE/ | DOW | 9,400 | 0 | 392,000 | -27,000 | $41.70 |
| 06/30/2005 | DOW CHEMICAL CO /DE/ | DOW | 9,400 | 9,400 | 419,000 | 419,000 | $44.57 |
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