BIGLARI HLDGS INC

Ticker: BH CUSIP: 08986R309 Class: Common Stock

CAZ INVESTMENTS LP's Holding History (CIK: 0001159363)

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

Q4 2018

Shares 60 Value ($000) $7 Avg Close $147.51 Range $111.00 - $184.45

Q3 2018

Shares 60 Value ($000) $11 Avg Close $191.39 Range $174.52 - $204.99

Q2 2018

Shares 60 Value ($000) $11 Avg Close $226.63 Range $182.50 - $292.34

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	60	$7	$147.51	$111.00 - $184.45
Q3 2018	60	$11	$191.39	$174.52 - $204.99
Q2 2018	60	$11	$226.63	$182.50 - $292.34