ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

ELEMENT CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001535630)

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

Q3 2018

Shares 7,482 Value ($000) $1,767 Avg Close $165.76 Range $151.40 - $175.81

Q2 2018

Shares 1,824 Value ($000) $425 Avg Close $149.80 Range $134.18 - $168.14

Q2 2016

Shares 3,833 Value ($000) $751 Avg Close $143.66 Range $127.53 - $156.70

Q1 2016

Shares 4,016 Value ($000) $884 Avg Close $150.81 Range $121.75 - $190.20

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	7,482	$1,767	$165.76	$151.40 - $175.81
Q2 2018	1,824	$425	$149.80	$134.18 - $168.14
Q2 2016	3,833	$751	$143.66	$127.53 - $156.70
Q1 2016	4,016	$884	$150.81	$121.75 - $190.20