AVIS BUDGET GROUP

Ticker: CAR CUSIP: 053774105 Class: Common Stock

Oxbow Advisors, LLC's Holding History (CIK: 0001564770)

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

Q1 2016

Shares 52,345 Value ($000) $1,435 Avg Close $25.96 Range $20.65 - $34.51

Q4 2015

Shares 58,335 Value ($000) $2,119 Avg Close $40.01 Range $31.13 - $50.39

Q3 2015

Shares 72,720 Value ($000) $3,176 Avg Close $41.20 Range $37.09 - $45.37

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	52,345	$1,435	$25.96	$20.65 - $34.51
Q4 2015	58,335	$2,119	$40.01	$31.13 - $50.39
Q3 2015	72,720	$3,176	$41.20	$37.09 - $45.37