CHESAPEAKE ENERGY CORP

CUSIP: 165167107 Class: COM

ACADEMY CAPITAL MANAGEMENT INC/TX's Holding History (CIK: 0001031972)

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

Q2 2016
Shares 13,426 Value ($000) $63 Avg Close — Range —
Q1 2016
Shares 13,449 Value ($000) $55 Avg Close — Range —