AT&T INC

Ticker: T CUSIP: 00206R102 Class: COM

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016

Shares 12,482 Value ($000) $531 Avg Close $15.46 Range $14.29 - $16.96

Q3 2016

Shares 18,257 Value ($000) $741 Avg Close $16.29 Range $15.41 - $16.94

Q2 2016

Shares 29,547 Value ($000) $1,277 Avg Close $15.11 Range $14.48 - $16.66

Q4 2015

Shares 27,612 Value ($000) $950 Avg Close $12.43 Range $11.70 - $12.97

Q3 2015

Shares 57,512 Value ($000) $1,874 Avg Close $12.27 Range $11.26 - $12.85

Q2 2015

Shares 38,062 Value ($000) $1,352 Avg Close $12.21 Range $11.41 - $13.03

Q1 2015

Shares 62,261 Value ($000) $2,033 Avg Close $11.79 Range $11.37 - $12.30

Q4 2014

Shares 221,037 Value ($000) $7,424 Avg Close $11.81 Range $11.04 - $12.44

Q3 2014

Shares 76,377 Value ($000) $2,692 Avg Close $11.90 Range $11.56 - $12.68

Q3 2013

Shares 271,277 Value ($000) $9,175 Avg Close $10.96 Range $10.47 - $11.46

Q2 2013

Shares 354,314 Value ($000) $12,543 Avg Close $11.40 Range $10.58 - $12.10

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	12,482	$531	$15.46	$14.29 - $16.96
Q3 2016	18,257	$741	$16.29	$15.41 - $16.94
Q2 2016	29,547	$1,277	$15.11	$14.48 - $16.66
Q4 2015	27,612	$950	$12.43	$11.70 - $12.97
Q3 2015	57,512	$1,874	$12.27	$11.26 - $12.85
Q2 2015	38,062	$1,352	$12.21	$11.41 - $13.03
Q1 2015	62,261	$2,033	$11.79	$11.37 - $12.30
Q4 2014	221,037	$7,424	$11.81	$11.04 - $12.44
Q3 2014	76,377	$2,692	$11.90	$11.56 - $12.68
Q3 2013	271,277	$9,175	$10.96	$10.47 - $11.46
Q2 2013	354,314	$12,543	$11.40	$10.58 - $12.10