PDL BIOPHARMA INC

CUSIP: 69329Y104 Class: COM

MERITAGE PORTFOLIO MANAGEMENT's Holding History (CIK: 0000881432)

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

Q4 2013
Shares 275,015 Value ($000) $2,321 Avg Close — Range —
Q3 2013
Shares 276,865 Value ($000) $2,207 Avg Close — Range —
Q2 2013
Shares 278,860 Value ($000) $2,153 Avg Close — Range —