AVIS BUDGET GROUP

Ticker: CAR CUSIP: 053774105 Class: Common Stock

RATIONAL ADVISORS LLC's Holding History (CIK: 0001143565)

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

Q4 2013

Shares 4,800 Value ($000) $194 Avg Close $31.82 Range $26.38 - $38.69

Q3 2013

Shares 4,800 Value ($000) $138 Avg Close $28.40 Range $25.24 - $31.64

Q2 2013

Shares 8,200 Value ($000) $236 Avg Close $28.57 Range $24.46 - $32.50

Q1 2013

Shares 66,940 Value ($000) $1,863 Avg Close $22.52 Range $19.31 - $27.05

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	4,800	$194	$31.82	$26.38 - $38.69
Q3 2013	4,800	$138	$28.40	$25.24 - $31.64
Q2 2013	8,200	$236	$28.57	$24.46 - $32.50
Q1 2013	66,940	$1,863	$22.52	$19.31 - $27.05