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STANDARD LIFE INVESTMENTS (USA) LTD
> AVP
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2017 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 03/31/2017 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 12/31/2016 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 09/30/2016 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 06/30/2016 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 03/31/2016 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 12/31/2015 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 06/30/2013 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 09/30/2012 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 06/30/2012 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 03/31/2012 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 12/31/2011 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 09/30/2011 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 06/30/2011 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 03/31/2011 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 12/31/2010 | AVON PRODUCTS INC | AVP | 0 | -25,924 | 0 | -833,000 | |
| 09/30/2010 | AVON PRODUCTS INC | AVP | 25,924 | 740 | 833,000 | 165,000 | $32.13 |
| 06/30/2010 | AVON PRODUCTS INC | AVP | 25,184 | 680 | 668,000 | -161,000 | $26.52 |
| 03/31/2010 | AVON PRODUCTS INC | AVP | 24,504 | 1,316 | 829,000 | 99,000 | $33.83 |
| 12/31/2009 | AVON PRODUCTS INC | AVP | 23,188 | -207,077 | 730,000 | -7,082,000 | $31.48 |
| 09/30/2009 | AVON PRODUCTS INC | AVP | 230,265 | -11,506 | 7,812,000 | 1,579,000 | $33.93 |
| 06/30/2009 | AVON PRODUCTS INC | AVP | 241,771 | 3,434 | 6,233,000 | 1,654,000 | $25.78 |
| 03/31/2009 | AVON PRODUCTS INC | AVP | 238,337 | -2,125,077 | 4,579,000 | -52,191,000 | $19.21 |
| 12/31/2008 | AVON PRODUCTS INC | AVP | 2,363,414 | -742,352 | 56,770,000 | -72,428,000 | $24.02 |
| 09/30/2008 | AVON PRODUCTS INC | AVP | 3,105,766 | 3,105,766 | 129,198,000 | 129,198,000 | $41.60 |
| 06/30/2008 | AVON PRODUCTS INC | AVP | 2,059,351 | 995,604 | 74,229,000 | 32,185,000 | $36.04 |
| 03/31/2008 | AVON PRODUCTS INC | AVP | 1,063,747 | 1,049,322 | 42,044,000 | 41,474,000 | $39.52 |
| 12/31/2007 | AVON PRODUCTS INC | AVP | 14,425 | 14,425 | 570,000 | 570,000 | $39.51 |
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