MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

WHITEBOX ADVISORS LLC's Holding History (CIK: 0001257391)

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

Q1 2014

Shares 27,250 Value ($000) $2,036 Avg Close $72.72 Range $66.78 - $78.88

Q4 2013

Shares 2,325 Value ($000) $1,942 Avg Close $69.03 Range $60.18 - $78.03

Q3 2013

Shares 1,835 Value ($000) $1,235 Avg Close $58.30 Range $52.66 - $64.55

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	27,250	$2,036	$72.72	$66.78 - $78.88
Q4 2013	2,325	$1,942	$69.03	$60.18 - $78.03
Q3 2013	1,835	$1,235	$58.30	$52.66 - $64.55