ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

KCM INVESTMENT ADVISORS LLC's Holding History (CIK: 0001109228)

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

Q4 2015

Shares 1,035 Value ($000) $286 Avg Close $195.34 Range $176.62 - $209.37

Q3 2015

Shares 1,037 Value ($000) $269 Avg Close $186.69 Range $166.74 - $212.15

Q2 2015

Shares 1,105 Value ($000) $323 Avg Close $206.58 Range $199.46 - $215.06

Q1 2015

Shares 1,107 Value ($000) $328 Avg Close $197.30 Range $185.37 - $207.98

Q4 2014

Shares 1,240 Value ($000) $355 Avg Close $189.01 Range $158.91 - $201.93

Q3 2014

Shares 1,604 Value ($000) $398 Avg Close $181.41 Range $165.31 - $198.97

Q2 2014

Shares 1,043 Value ($000) $293 Avg Close $175.84 Range $159.08 - $196.03

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	1,035	$286	$195.34	$176.62 - $209.37
Q3 2015	1,037	$269	$186.69	$166.74 - $212.15
Q2 2015	1,105	$323	$206.58	$199.46 - $215.06
Q1 2015	1,107	$328	$197.30	$185.37 - $207.98
Q4 2014	1,240	$355	$189.01	$158.91 - $201.93
Q3 2014	1,604	$398	$181.41	$165.31 - $198.97
Q2 2014	1,043	$293	$175.84	$159.08 - $196.03