OI S.A.

CUSIP: 670851401 Class: Com

Saba Capital Management, L.P.'s Holding History (CIK: 0001510281)

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

Q3 2015
Shares 2,326,689 Value ($000) $1,573 Avg Close Range
Q2 2015
Shares 1,135,357 Value ($000) $2,169 Avg Close Range
Q1 2015
Shares 1,618,698 Value ($000) $2,493 Avg Close Range