OI S.A.

CUSIP: 670851104 Class: CMN

DISCOVERY CAPITAL MANAGEMENT, LLC / CT's Holding History (CIK: 0001389507)

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

Q3 2014
Shares 35,277,235 Value ($000) $26,105 Avg Close — Range —
Q2 2014
Shares 35,165,429 Value ($000) $34,005 Avg Close — Range —