ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

GROESBECK INVESTMENT MANAGEMENT CORP /NJ/'s Holding History (CIK: 0000923116)

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

Q4 2017

Shares 820 Value ($000) $208 Avg Close $161.71 Range $149.81 - $177.64

Q2 2017

Shares 820 Value ($000) $210 Avg Close $172.65 Range $161.57 - $184.41

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	820	$208	$161.71	$149.81 - $177.64
Q2 2017	820	$210	$172.65	$161.57 - $184.41