KAR AUCTION SVCS INC

Ticker: OPLN CUSIP: 48238T109 Class: EQTY

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

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

Q4 2015

Shares 9,474 Value ($000) $351 Avg Close $14.15 Range $13.35 - $14.75

Q2 2015

Shares 100,000 Value ($000) $3,740 Avg Close $14.32 Range $13.58 - $14.67

Q1 2015

Shares 100,000 Value ($000) $3,793 Avg Close $13.54 Range $12.59 - $14.96

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	9,474	$351	$14.15	$13.35 - $14.75
Q2 2015	100,000	$3,740	$14.32	$13.58 - $14.67
Q1 2015	100,000	$3,793	$13.54	$12.59 - $14.96