DELTA AIR LINES INC DEL

Ticker: DAL CUSIP: 247361702 Class: COM NEW

Carmignac Gestion's Holding History (CIK: 0001569758)

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

Q2 2017

Shares 3,936,189 Value ($000) $211,531 Avg Close $44.31 Range $39.53 - $49.41

Q1 2017

Shares 3,923,389 Value ($000) $180,319 Avg Close $43.95 Range $40.13 - $46.81

Q4 2016

Shares 2,995,391 Value ($000) $147,343 Avg Close $40.91 Range $33.92 - $47.42

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	3,936,189	$211,531	$44.31	$39.53 - $49.41
Q1 2017	3,923,389	$180,319	$43.95	$40.13 - $46.81
Q4 2016	2,995,391	$147,343	$40.91	$33.92 - $47.42