ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

TIFF ADVISORY SERVICES, LLC's Holding History (CIK: 0001271347)

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

Q3 2013

Shares 8,300 Value ($000) $1,755 Avg Close $136.89 Range $118.07 - $151.66

Q2 2013

Shares 8,300 Value ($000) $1,503 Avg Close $118.19 Range $105.32 - $127.74

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	8,300	$1,755	$136.89	$118.07 - $151.66
Q2 2013	8,300	$1,503	$118.19	$105.32 - $127.74