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NATCAN INVESTMENT MANAGEMENT INC
> BAX
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2012 | BAXTER INTERNATIONAL INC | BAX | 0 | -7,070 | 0 | -350,000 | |
| 12/31/2011 | BAXTER INTERNATIONAL INC | BAX | 7,070 | -528 | 350,000 | -77,000 | $49.50 |
| 09/30/2011 | BAXTER INTERNATIONAL INC | BAX | 7,598 | 3,336 | 427,000 | 173,000 | $56.20 |
| 06/30/2011 | BAXTER INTERNATIONAL INC | BAX | 4,262 | -1,138 | 254,000 | -36,000 | $59.60 |
| 03/31/2011 | BAXTER INTERNATIONAL INC | BAX | 5,400 | 0 | 290,000 | 17,000 | $53.70 |
| 12/31/2010 | BAXTER INTERNATIONAL INC | BAX | 5,400 | 5,400 | 273,000 | 273,000 | $50.56 |
| 06/30/2009 | BAXTER INTERNATIONAL INC | BAX | 0 | -6,000 | 0 | -387,000 | |
| 03/31/2009 | BAXTER INTERNATIONAL INC | BAX | 6,000 | -1,200 | 387,000 | -63,000 | $64.50 |
| 12/31/2008 | BAXTER INTERNATIONAL INC | BAX | 7,200 | -600 | 450,000 | -93,000 | $62.50 |
| 09/30/2008 | BAXTER INTERNATIONAL INC | BAX | 7,800 | 7,800 | 543,000 | 543,000 | $69.62 |
| 06/30/2008 | BAXTER INTERNATIONAL INC | BAX | 8,600 | 8,600 | 560,000 | 560,000 | $65.12 |
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