NAVIENT CORPORATION

Ticker: NAVI CUSIP: 63938C108 Class: Common Stock

Westchester Capital Management, LLC's Holding History (CIK: 0001512805)

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

Q3 2014

Shares 2,457,115 Value ($000) $43,516 Avg Close $17.60 Range $16.76 - $18.28

Q2 2014

Shares 5,024,964 Value ($000) $88,992 Avg Close $16.58 Range $15.00 - $17.98

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	2,457,115	$43,516	$17.60	$16.76 - $18.28
Q2 2014	5,024,964	$88,992	$16.58	$15.00 - $17.98