AVIS BUDGET GROUP

Ticker: CAR CUSIP: 053774105 Class: Common Stock

Nicholas Investment Partners, LP's Holding History (CIK: 0001389574)

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

Q3 2014

Shares 45,518 Value ($000) $2,498 Avg Close $59.40 Range $51.42 - $66.28

Q2 2014

Shares 69,051 Value ($000) $4,122 Avg Close $52.09 Range $44.21 - $57.41

Q1 2014

Shares 67,740 Value ($000) $3,298 Avg Close $40.83 Range $33.79 - $47.96

Q4 2013

Shares 83,328 Value ($000) $3,368 Avg Close $31.82 Range $26.38 - $38.69

Q3 2013

Shares 94,159 Value ($000) $2,715 Avg Close $28.40 Range $25.24 - $31.64

Q2 2013

Shares 68,724 Value ($000) $1,976 Avg Close $28.57 Range $24.46 - $32.50

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	45,518	$2,498	$59.40	$51.42 - $66.28
Q2 2014	69,051	$4,122	$52.09	$44.21 - $57.41
Q1 2014	67,740	$3,298	$40.83	$33.79 - $47.96
Q4 2013	83,328	$3,368	$31.82	$26.38 - $38.69
Q3 2013	94,159	$2,715	$28.40	$25.24 - $31.64
Q2 2013	68,724	$1,976	$28.57	$24.46 - $32.50