PENSKE AUTOMOTIVE GRP INC

Ticker: PAG CUSIP: 70959W103 Class: Stock

FRED ALGER MANAGEMENT, LLC's Holding History (CIK: 0000003520)

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

Q1 2015

Shares 180,370 Value ($000) $9,287 Avg Close $49.31 Range $46.01 - $52.70

Q4 2014

Shares 238,432 Value ($000) $11,700 Avg Close $45.64 Range $36.36 - $50.71

Q3 2014

Shares 270,979 Value ($000) $10,999 Avg Close $46.97 Range $40.56 - $51.44

Q2 2014

Shares 272,496 Value ($000) $13,489 Avg Close $45.63 Range $41.05 - $49.86

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	180,370	$9,287	$49.31	$46.01 - $52.70
Q4 2014	238,432	$11,700	$45.64	$36.36 - $50.71
Q3 2014	270,979	$10,999	$46.97	$40.56 - $51.44
Q2 2014	272,496	$13,489	$45.63	$41.05 - $49.86