PDL BIOPHARMA INC

CUSIP: 69329YAE4 Class: NOTE 2.875% 2/1

TANG CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001232621)

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

Q3 2014
Shares 25,974,000 Value ($000) $37,456 Avg Close — Range —
Q2 2014
Shares 25,974,000 Value ($000) $47,866 Avg Close — Range —
Q1 2014
Shares 25,974,000 Value ($000) $40,197 Avg Close — Range —
Q4 2013
Shares 25,974,000 Value ($000) $38,616 Avg Close — Range —
Q3 2013
Shares 25,974,000 Value ($000) $37,556 Avg Close — Range —
Q2 2013
Shares 30,974,000 Value ($000) $43,580 Avg Close — Range —