PENNEY J C INC

CUSIP: 708160106 Class: COM

KINGDON CAPITAL MANAGEMENT, L.L.C.'s Holding History (CIK: 0001000097)

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

Q4 2013
Shares 389,000 Value ($000) $3,559 Avg Close — Range —
Q2 2013
Shares 179,950 Value ($000) $3,074 Avg Close — Range —