AIR PRODS & CHEMS INC

Ticker: APD CUSIP: 009158106 Class: COM

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

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

Q4 2016

Shares 3,423 Value ($000) $492 Avg Close $111.62 Range $102.90 - $120.00

Q3 2016

Shares 5,023 Value ($000) $755 Avg Close $109.91 Range $100.68 - $115.73

Q2 2016

Shares 7,800 Value ($000) $1,108 Avg Close $104.91 Range $97.75 - $110.87

Q1 2016

Shares 7,800 Value ($000) $1,124 Avg Close $94.71 Range $83.03 - $107.22

Q2 2015

Shares 3,600 Value ($000) $493 Avg Close $104.89 Range $97.77 - $109.47

Q3 2014

Shares 9,584 Value ($000) $1,248 Avg Close $92.44 Range $88.74 - $96.17

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	3,423	$492	$111.62	$102.90 - $120.00
Q3 2016	5,023	$755	$109.91	$100.68 - $115.73
Q2 2016	7,800	$1,108	$104.91	$97.75 - $110.87
Q1 2016	7,800	$1,124	$94.71	$83.03 - $107.22
Q2 2015	3,600	$493	$104.89	$97.77 - $109.47
Q3 2014	9,584	$1,248	$92.44	$88.74 - $96.17