OI S.A.

CUSIP: 670851302 Class: STOCK

Anchorage Capital Group, L.L.C.'s Holding History (CIK: 0001300714)

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

Q4 2015
Shares 844,884 Value ($000) $515 Avg Close — Range —
Q3 2015
Shares 388,975 Value ($000) $265 Avg Close — Range —
Q2 2015
Shares 388,975 Value ($000) $766 Avg Close — Range —
Q1 2015
Shares 388,975 Value ($000) $634 Avg Close — Range —
Q4 2014
Shares 388,975 Value ($000) $1,303 Avg Close — Range —