CVS HEALTH CORP

Ticker: CVS CUSIP: 126650100 Class: Common Stock

SPHERA FUNDS MANAGEMENT LTD.'s Holding History (CIK: 0001496201)

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

Q1 2015

Shares 42,260 Value ($000) $4,362 Avg Close $74.28 Range $68.56 - $77.46

Q4 2014

Shares 36,610 Value ($000) $3,526 Avg Close $64.44 Range $56.46 - $72.18

Q3 2014

Shares 39,810 Value ($000) $3,168 Avg Close $57.47 Range $54.48 - $60.23

Q2 2014

Shares 19,295 Value ($000) $1,454 Avg Close $54.89 Range $52.41 - $57.73

Q1 2014

Shares 35,795 Value ($000) $2,680 Avg Close $51.11 Range $47.03 - $55.29

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	42,260	$4,362	$74.28	$68.56 - $77.46
Q4 2014	36,610	$3,526	$64.44	$56.46 - $72.18
Q3 2014	39,810	$3,168	$57.47	$54.48 - $60.23
Q2 2014	19,295	$1,454	$54.89	$52.41 - $57.73
Q1 2014	35,795	$2,680	$51.11	$47.03 - $55.29