EXPEDITORS INTL WASH INC

Ticker: EXPD CUSIP: 302130109 Class: COM

ValueAct Holdings, L.P.'s Holding History (CIK: 0001418814)

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

Q2 2014

Shares 905,364 Value ($000) $39,981 Avg Close $36.93 Range $33.00 - $40.08

Q1 2014

Shares 2,186,700 Value ($000) $86,659 Avg Close $35.12 Range $32.90 - $39.13

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	905,364	$39,981	$36.93	$33.00 - $40.08
Q1 2014	2,186,700	$86,659	$35.12	$32.90 - $39.13