M & T BK CORP

Ticker: MTB CUSIP: 55261F104 Class: COM

Pentwater Capital Management LP's Holding History (CIK: 0001425851)

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

Q4 2014

Shares 45,472 Value ($000) $5,712 Avg Close $90.02 Range $82.27 - $94.90

Q3 2014

Shares 84,000 Value ($000) $10,356 Avg Close $89.75 Range $86.23 - $94.17

Q2 2014

Shares 84,000 Value ($000) $10,420 Avg Close $88.34 Range $84.00 - $91.61

Q1 2014

Shares 84,000 Value ($000) $10,189 Avg Close $83.18 Range $78.50 - $89.02

Q4 2013

Shares 84,000 Value ($000) $9,779 Avg Close $81.40 Range $78.07 - $84.34

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	45,472	$5,712	$90.02	$82.27 - $94.90
Q3 2014	84,000	$10,356	$89.75	$86.23 - $94.17
Q2 2014	84,000	$10,420	$88.34	$84.00 - $91.61
Q1 2014	84,000	$10,189	$83.18	$78.50 - $89.02
Q4 2013	84,000	$9,779	$81.40	$78.07 - $84.34