INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

FAIRHOLME CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001056831)

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

Q4 2015

Shares 47,900 Value ($000) $6,592 Avg Close $87.52 Range $82.31 - $94.87

Q3 2015

Shares 754,400 Value ($000) $109,365 Avg Close $95.35 Range $87.10 - $106.76

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	47,900	$6,592	$87.52	$82.31 - $94.87
Q3 2015	754,400	$109,365	$95.35	$87.10 - $106.76