ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

QVT Financial LP's Holding History (CIK: 0001290162)

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

Q4 2017

Shares 41,151 Value ($000) $10,431 Avg Close $161.71 Range $149.81 - $177.64

Q3 2017

Shares 41,151 Value ($000) $9,117 Avg Close $161.55 Range $145.38 - $184.39

Q2 2017

Shares 78,185 Value ($000) $20,069 Avg Close $172.65 Range $161.57 - $184.41

Q1 2017

Shares 84,765 Value ($000) $21,106 Avg Close $164.03 Range $148.35 - $173.98

Q4 2016

Shares 40,127 Value ($000) $9,169 Avg Close $150.52 Range $136.26 - $167.02

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	41,151	$10,431	$161.71	$149.81 - $177.64
Q3 2017	41,151	$9,117	$161.55	$145.38 - $184.39
Q2 2017	78,185	$20,069	$172.65	$161.57 - $184.41
Q1 2017	84,765	$21,106	$164.03	$148.35 - $173.98
Q4 2016	40,127	$9,169	$150.52	$136.26 - $167.02