ML HERTZ CO-INVESTOR, L.P. UNAUDITED SCHEDULE OF PARTNER'S CAPITAL FOR THE QUARTER ENDED DECEMBER 31, 2011 (Expressed in U.S. Dollars) Financial Trust Company, Inc. Balance at September 30, 2011 2,405,683 Allocation of net investment expenses (460) Net unrealized changes in investment 748.720 Balance at December 31, 2011 3,153,943 As of December 31, 2011, the Partnership continues to hold 2,362,247 shares of Hertz common stock valued at $27,685,535. EFTA00300202