MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

Spark Investment Management LLC's Holding History (CIK: 0001554871)

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

Q4 2014

Shares 26,000 Value ($000) $1,207 Avg Close $39.88 Range $35.66 - $42.40

Q3 2014

Shares 44,600 Value ($000) $2,067 Avg Close $37.66 Range $34.56 - $40.29

Q2 2014

Shares 44,600 Value ($000) $1,859 Avg Close $33.96 Range $32.19 - $35.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	26,000	$1,207	$39.88	$35.66 - $42.40
Q3 2014	44,600	$2,067	$37.66	$34.56 - $40.29
Q2 2014	44,600	$1,859	$33.96	$32.19 - $35.60