EMERGENT BIOSOLUTIONS INC

Ticker: EBS CUSIP: 29089Q105 Class: Common Stock

STRATEGIC INVESTMENT MANAGEMENT, LLC's Holding History (CIK: 0000846633)

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

Q4 2016

Shares 8,362 Value ($000) $274 Avg Close $29.98 Range $24.47 - $36.64

Q3 2016

Shares 11,131 Value ($000) $350 Avg Close $29.06 Range $26.12 - $34.10

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	8,362	$274	$29.98	$24.47 - $36.64
Q3 2016	11,131	$350	$29.06	$26.12 - $34.10