KAR AUCTION SVCS INC

Ticker: OPLN CUSIP: 48238T109 Class: EQTY

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

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

Q2 2014

Shares 425,100 Value ($000) $13,548 Avg Close $11.55 Range $10.83 - $12.20

Q1 2014

Shares 482,700 Value ($000) $14,650 Avg Close $11.21 Range $10.24 - $12.20

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	425,100	$13,548	$11.55	$10.83 - $12.20
Q1 2014	482,700	$14,650	$11.21	$10.24 - $12.20