CANADIAN NATL RY CO

Ticker: CNI CUSIP: 136375102 Class: COM

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

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

Q4 2016

Shares 66,100 Value ($000) $4,455 Avg Close $55.82 Range $52.13 - $59.37

Q3 2014

Shares 165,000 Value ($000) $11,708 Avg Close $56.47 Range $52.65 - $62.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	66,100	$4,455	$55.82	$52.13 - $59.37
Q3 2014	165,000	$11,708	$56.47	$52.65 - $62.00