DELTA AIR LINES INC DEL

Ticker: DAL CUSIP: 247361702 Class: COM NEW

Artal Group S.A.'s Holding History (CIK: 0001053906)

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

Q1 2016

Shares 200,000 Value ($000) $9,736 Avg Close $41.37 Range $35.39 - $44.79

Q4 2015

Shares 100,000 Value ($000) $5,069 Avg Close $43.67 Range $38.23 - $46.66

Q2 2015

Shares 200,000 Value ($000) $8,216 Avg Close $38.40 Range $34.26 - $42.19

Q4 2014

Shares 100,000 Value ($000) $4,919 Avg Close $36.83 Range $26.32 - $43.92

Q3 2014

Shares 300,000 Value ($000) $10,845 Avg Close $33.36 Range $30.22 - $35.80

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	200,000	$9,736	$41.37	$35.39 - $44.79
Q4 2015	100,000	$5,069	$43.67	$38.23 - $46.66
Q2 2015	200,000	$8,216	$38.40	$34.26 - $42.19
Q4 2014	100,000	$4,919	$36.83	$26.32 - $43.92
Q3 2014	300,000	$10,845	$33.36	$30.22 - $35.80