ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

DISCOVERY CAPITAL MANAGEMENT, LLC / CT's Holding History (CIK: 0001389507)

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

Q1 2014

Shares 192,200 Value ($000) $52,365 Avg Close $185.53 Range $158.90 - $207.12

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	192,200	$52,365	$185.53	$158.90 - $207.12