ALLIANCE DATA SYSTEMS CORP

Ticker: BFH CUSIP: 018581108 Class: Common Stock

Exane Asset Management's Holding History (CIK: 0001666256)

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

Q1 2018

Shares 770 Value ($000) $163,902 Avg Close $170.90 Range $143.68 - $194.05

Q3 2017

Shares 869 Value ($000) $192,527 Avg Close $161.55 Range $145.38 - $184.39

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	770	$163,902	$170.90	$143.68 - $194.05
Q3 2017	869	$192,527	$161.55	$145.38 - $184.39