LITHIA MTRS INC

Ticker: LAD CUSIP: 536797103 Class: EQTY

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

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

Q3 2015

Shares 17,018 Value ($000) $1,840 Avg Close $112.26 Range $98.29 - $122.01

Q2 2014

Shares 90,800 Value ($000) $8,542 Avg Close $76.45 Range $64.37 - $94.31

Q2 2013

Shares 196,553 Value ($000) $10,478 Avg Close $50.23 Range $42.03 - $57.04

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	17,018	$1,840	$112.26	$98.29 - $122.01
Q2 2014	90,800	$8,542	$76.45	$64.37 - $94.31
Q2 2013	196,553	$10,478	$50.23	$42.03 - $57.04