AMERICAN AIRLS GROUP INC

Ticker: AAL CUSIP: 02376R102 Class: COM

Palisades Investment Partners, LLC's Holding History (CIK: 0001427373)

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

Q2 2014

Shares 7,200 Value ($000) $309,312,000 Avg Close $36.77 Range $30.04 - $42.31

Q1 2014

Shares 12,100 Value ($000) $442,860 Avg Close $32.09 Range $23.63 - $37.60

Q4 2013

Shares 22,200 Value ($000) $613 Avg Close $21.78 Range $17.89 - $25.64

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	7,200	$309,312,000	$36.77	$30.04 - $42.31
Q1 2014	12,100	$442,860	$32.09	$23.63 - $37.60
Q4 2013	22,200	$613	$21.78	$17.89 - $25.64