AVIS BUDGET GROUP

Ticker: CAR CUSIP: 053774105 Class: Common Stock

ARS Investment Partners, LLC's Holding History (CIK: 0000733020)

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

Q3 2015

Shares 204,052 Value ($000) $8,913 Avg Close $41.20 Range $37.09 - $45.37

Q2 2015

Shares 203,252 Value ($000) $8,959 Avg Close $50.12 Range $41.71 - $56.48

Q1 2015

Shares 206,218 Value ($000) $12,170 Avg Close $57.98 Range $53.22 - $64.84

Q4 2014

Shares 221,687 Value ($000) $14,704 Avg Close $54.35 Range $43.65 - $65.23

Q3 2014

Shares 72,900 Value ($000) $4,001 Avg Close $59.40 Range $51.42 - $66.28

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	204,052	$8,913	$41.20	$37.09 - $45.37
Q2 2015	203,252	$8,959	$50.12	$41.71 - $56.48
Q1 2015	206,218	$12,170	$57.98	$53.22 - $64.84
Q4 2014	221,687	$14,704	$54.35	$43.65 - $65.23
Q3 2014	72,900	$4,001	$59.40	$51.42 - $66.28