ACCOR SA SPONSORED ADR

Ticker: ACCYY CUSIP: 00435F309 Class: ADR

THORNBURG INVESTMENT MANAGEMENT INC's Holding History (CIK: 0001145020)

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

Q4 2015

Shares 3,553,465 Value ($000) $30,885 Avg Close — Range —

Q3 2015

Shares 4,011,062 Value ($000) $37,395 Avg Close — Range —

Q2 2015

Shares 4,225,440 Value ($000) $42,626 Avg Close — Range —

Q1 2015

Shares 4,785,132 Value ($000) $49,933 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	3,553,465	$30,885	—	—
Q3 2015	4,011,062	$37,395	—	—
Q2 2015	4,225,440	$42,626	—	—
Q1 2015	4,785,132	$49,933	—	—