Proposed Transaction

John Dutemple will make the following transactions in a family trust account after market open February 4:

Sell Embraer SA ADR (ERJ)

Sell Franklin Resources, Inc. (BEN)

Mr. Dutemple continues to accumulate Essex Property Trust Inc. (ESS) per a previous announcement.

John Dutemple will exchange, from an IRA account, Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) for Vanguard Prime Money Market Fund Investor Shares (VMMXX) at NAV February 4.