ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

Spark Investment Management LLC's Holding History (CIK: 0001554871)

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

Q1 2014

Shares 10,400 Value ($000) $2,833 Avg Close $185.53 Range $158.90 - $207.12

Q4 2013

Shares 10,400 Value ($000) $2,734 Avg Close $164.88 Range $144.55 - $182.18

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	10,400	$2,833	$185.53	$158.90 - $207.12
Q4 2013	10,400	$2,734	$164.88	$144.55 - $182.18