ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

CAZ INVESTMENTS LP's Holding History (CIK: 0001159363)

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

Q2 2015

Shares 7,463 Value ($000) $2,179 Avg Close $206.58 Range $199.46 - $215.06

Q1 2015

Shares 8,679 Value ($000) $2,571 Avg Close $197.30 Range $185.37 - $207.98

Q4 2014

Shares 8,614 Value ($000) $2,464 Avg Close $189.01 Range $158.91 - $201.93

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	7,463	$2,179	$206.58	$199.46 - $215.06
Q1 2015	8,679	$2,571	$197.30	$185.37 - $207.98
Q4 2014	8,614	$2,464	$189.01	$158.91 - $201.93