PEPCO HOLDINGS INC

CUSIP: 713291102 Class: COM

ALPINE ASSOCIATES MANAGEMENT INC.'s Holding History (CIK: 0001396835)

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

Q4 2015

Shares 1,810,100 Value ($000) $47,081 Avg Close — Range —

Q3 2015

Shares 1,263,300 Value ($000) $30,597 Avg Close — Range —

Q2 2015

Shares 2,047,000 Value ($000) $55,146 Avg Close — Range —

Q1 2015

Shares 1,028,579 Value ($000) $27,596 Avg Close — Range —

Q4 2014

Shares 1,142,200 Value ($000) $30,759 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	1,810,100	$47,081	—	—
Q3 2015	1,263,300	$30,597	—	—
Q2 2015	2,047,000	$55,146	—	—
Q1 2015	1,028,579	$27,596	—	—
Q4 2014	1,142,200	$30,759	—	—