ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

CCM INVESTMENT ADVISERS LLC's Holding History (CIK: 0000931097)

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

Q4 2015

Shares 980 Value ($000) $271 Avg Close $195.34 Range $176.62 - $209.37

Q3 2015

Shares 1,132 Value ($000) $293 Avg Close $186.69 Range $166.74 - $212.15

Q2 2015

Shares 4,251 Value ($000) $1,241 Avg Close $206.58 Range $199.46 - $215.06

Q1 2015

Shares 4,421 Value ($000) $1,309 Avg Close $197.30 Range $185.37 - $207.98

Q4 2014

Shares 5,480 Value ($000) $1,567 Avg Close $189.01 Range $158.91 - $201.93

Q2 2014

Shares 785 Value ($000) $220 Avg Close $175.84 Range $159.08 - $196.03

Q1 2014

Shares 795 Value ($000) $216 Avg Close $185.53 Range $158.90 - $207.12

Q4 2013

Shares 810 Value ($000) $212 Avg Close $164.88 Range $144.55 - $182.18

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	980	$271	$195.34	$176.62 - $209.37
Q3 2015	1,132	$293	$186.69	$166.74 - $212.15
Q2 2015	4,251	$1,241	$206.58	$199.46 - $215.06
Q1 2015	4,421	$1,309	$197.30	$185.37 - $207.98
Q4 2014	5,480	$1,567	$189.01	$158.91 - $201.93
Q2 2014	785	$220	$175.84	$159.08 - $196.03
Q1 2014	795	$216	$185.53	$158.90 - $207.12
Q4 2013	810	$212	$164.88	$144.55 - $182.18