EMERGENT BIOSOLUTIONS INC

Ticker: EBS CUSIP: 29089Q105 Class: Common Stock

Avoro Capital Advisors LLC's Holding History (CIK: 0001633313)

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

Q1 2015

Shares 330,635 Value ($000) $9,509 Avg Close $28.68 Range $25.97 - $30.96

Q4 2014

Shares 330,635 Value ($000) $9,003 Avg Close $23.83 Range $19.31 - $28.08

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	330,635	$9,509	$28.68	$25.97 - $30.96
Q4 2014	330,635	$9,003	$23.83	$19.31 - $28.08