CF INDS HLDGS INC

Ticker: CF CUSIP: 125269100 Class: COM

ValueAct Holdings, L.P.'s Holding History (CIK: 0001418814)

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

Q3 2013

Shares 1,412,200 Value ($000) $297,734 Avg Close $27.49 Range $24.27 - $31.10

Q2 2013

Shares 1,000,000 Value ($000) $171,500 Avg Close $26.73 Range $24.39 - $28.24

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	1,412,200	$297,734	$27.49	$24.27 - $31.10
Q2 2013	1,000,000	$171,500	$26.73	$24.39 - $28.24