PENSKE AUTOMOTIVE GRP INC

Ticker: PAG CUSIP: 70959W103 Class: Stock

DAVIDSON KEMPNER CAPITAL MANAGEMENT LP's Holding History (CIK: 0001595082)

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

Q3 2014

Shares 137,500 Value ($000) $5,581 Avg Close $46.97 Range $40.56 - $51.44

Q2 2014

Shares 325,000 Value ($000) $16,088 Avg Close $45.63 Range $41.05 - $49.86

Q1 2014

Shares 227,000 Value ($000) $9,707 Avg Close $43.44 Range $39.78 - $47.08

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	137,500	$5,581	$46.97	$40.56 - $51.44
Q2 2014	325,000	$16,088	$45.63	$41.05 - $49.86
Q1 2014	227,000	$9,707	$43.44	$39.78 - $47.08