AVIS BUDGET GROUP

Ticker: CAR CUSIP: 053774105 Class: Common Stock

Daiwa Securities Group Inc.'s Holding History (CIK: 0001481045)

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

Q4 2016

Shares 9,800 Value ($000) $359 Avg Close $34.41 Range $29.07 - $39.46

Q3 2016

Shares 500 Value ($000) $17 Avg Close $34.42 Range $28.24 - $37.57

Q1 2016

Shares 15,610 Value ($000) $427 Avg Close $25.96 Range $20.65 - $34.51

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	9,800	$359	$34.41	$29.07 - $39.46
Q3 2016	500	$17	$34.42	$28.24 - $37.57
Q1 2016	15,610	$427	$25.96	$20.65 - $34.51