CONDUENT INC

Ticker: CNDT CUSIP: 206787103 Class: COM

WATER ISLAND CAPITAL LLC's Holding History (CIK: 0001222765)

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

Q1 2019

Shares 4,900 Value ($000) $68 Avg Close $13.31 Range $10.33 - $15.48

Q4 2017

Shares 336,851 Value ($000) $5,444 Avg Close $15.65 Range $14.95 - $16.39

Q3 2017

Shares 347,351 Value ($000) $5,443 Avg Close $16.33 Range $15.38 - $17.20

Q2 2017

Shares 550,000 Value ($000) $8,767 Avg Close $16.38 Range $15.50 - $18.14

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	4,900	$68	$13.31	$10.33 - $15.48
Q4 2017	336,851	$5,444	$15.65	$14.95 - $16.39
Q3 2017	347,351	$5,443	$16.33	$15.38 - $17.20
Q2 2017	550,000	$8,767	$16.38	$15.50 - $18.14