PDL BIOPHARMA INC

CUSIP: 69329Y104 Class: COM

RATIONAL ADVISORS LLC's Holding History (CIK: 0001143565)

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

Q4 2013
Shares 54,000 Value ($000) $456 Avg Close — Range —
Q1 2013
Shares 60,000 Value ($000) $438 Avg Close — Range —
Q4 2012
Shares 60,000 Value ($000) $422 Avg Close — Range —
Q3 2012
Shares 60,000 Value ($000) $462 Avg Close — Range —
Q2 2012
Shares 60,000 Value ($000) $398 Avg Close — Range —
Q1 2012
Shares 60,000 Value ($000) $382 Avg Close — Range —
Q4 2011
Shares 30,000 Value ($000) $186 Avg Close — Range —
Q3 2011
Shares 21,000 Value ($000) $117 Avg Close — Range —
Q2 2011
Shares 21,000 Value ($000) $123 Avg Close — Range —
Q1 2011
Shares 43,200 Value ($000) $251 Avg Close — Range —
Q4 2010
Shares 43,200 Value ($000) $269 Avg Close — Range —
Q1 2010
Shares 43,400 Value ($000) $270 Avg Close — Range —
Q4 2009
Shares 43,400 Value ($000) $298 Avg Close — Range —
Q3 2009
Shares 43,600 Value ($000) $344 Avg Close — Range —
Q2 2009
Shares 43,600 Value ($000) $344 Avg Close — Range —
Q1 2009
Shares 43,600 Value ($000) $309 Avg Close — Range —