AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

AQR Arbitrage LLC's Holding History (CIK: 0001167456)

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

Q3 2015

Shares 110,901 Value ($000) $8,912 Avg Close $63.87 Range $51.20 - $67.86

Q2 2015

Shares 110,901 Value ($000) $8,898 Avg Close $67.60 Range $63.55 - $69.99

Q1 2015

Shares 110,901 Value ($000) $9,498 Avg Close $67.89 Range $64.32 - $71.03

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	110,901	$8,912	$63.87	$51.20 - $67.86
Q2 2015	110,901	$8,898	$67.60	$63.55 - $69.99
Q1 2015	110,901	$9,498	$67.89	$64.32 - $71.03