CLEAR CHANNEL OUTDOOR HLDGS

CUSIP: 18451C109 Class: CL A

Arbiter Partners Capital Management LLC's Holding History (CIK: 0001513193)

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

Q1 2018
Shares 50,000 Value ($000) $245 Avg Close — Range —
Q4 2017
Shares 50,000 Value ($000) $230 Avg Close — Range —
Q3 2017
Shares 50,000 Value ($000) $232 Avg Close — Range —
Q2 2017
Shares 50,000 Value ($000) $242 Avg Close — Range —
Q1 2017
Shares 50,000 Value ($000) $302 Avg Close — Range —
Q4 2016
Shares 50,000 Value ($000) $252 Avg Close — Range —
Q3 2016
Shares 50,000 Value ($000) $292 Avg Close — Range —
Q2 2016
Shares 50,000 Value ($000) $311 Avg Close — Range —
Q1 2016
Shares 50,000 Value ($000) $235 Avg Close — Range —
Q4 2015
Shares 79,844 Value ($000) $446 Avg Close — Range —
Q3 2015
Shares 79,844 Value ($000) $569 Avg Close — Range —
Q2 2015
Shares 79,844 Value ($000) $809 Avg Close — Range —
Q1 2015
Shares 297,218 Value ($000) $3,008 Avg Close — Range —
Q4 2014
Shares 446,452 Value ($000) $4,728 Avg Close — Range —
Q3 2014
Shares 550,694 Value ($000) $3,712 Avg Close — Range —
Q2 2014
Shares 550,694 Value ($000) $4,505 Avg Close — Range —
Q1 2014
Shares 550,694 Value ($000) $5,017 Avg Close — Range —
Q4 2013
Shares 625,494 Value ($000) $6,342 Avg Close — Range —
Q3 2013
Shares 698,960 Value ($000) $5,731 Avg Close — Range —
Q2 2013
Shares 698,960 Value ($000) $5,214 Avg Close — Range —