PHILIP MORRIS INTL INC

Ticker: PM CUSIP: 718172109 Class: Common Stock

THORNBURG INVESTMENT MANAGEMENT INC's Holding History (CIK: 0001145020)

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

Q1 2016

Shares 218 Value ($000) $21 Avg Close $55.87 Range $51.40 - $61.20

Q4 2015

Shares 218 Value ($000) $19 Avg Close $52.28 Range $47.15 - $54.45

Q3 2015

Shares 218 Value ($000) $17 Avg Close $48.90 Range $45.45 - $51.37

Q2 2015

Shares 218 Value ($000) $17 Avg Close $48.32 Range $44.16 - $50.98

Q1 2015

Shares 728,094 Value ($000) $54,847 Avg Close $47.07 Range $44.17 - $49.41

Q4 2014

Shares 855,294 Value ($000) $69,664 Avg Close $49.22 Range $46.45 - $51.65

Q3 2014

Shares 855,473 Value ($000) $71,346 Avg Close $47.89 Range $45.93 - $49.13

Q2 2014

Shares 1,405,473 Value ($000) $118,495 Avg Close $48.23 Range $45.73 - $51.29

Q1 2014

Shares 1,510,473 Value ($000) $123,662 Avg Close $44.74 Range $41.65 - $48.24

Q4 2013

Shares 1,510,473 Value ($000) $131,608 Avg Close $47.83 Range $45.86 - $50.23

Q3 2013

Shares 1,330,591 Value ($000) $115,216 Avg Close $47.38 Range $44.86 - $49.49

Q2 2013

Shares 900,808 Value ($000) $78,028 Avg Close $49.85 Range $46.13 - $51.86

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	218	$21	$55.87	$51.40 - $61.20
Q4 2015	218	$19	$52.28	$47.15 - $54.45
Q3 2015	218	$17	$48.90	$45.45 - $51.37
Q2 2015	218	$17	$48.32	$44.16 - $50.98
Q1 2015	728,094	$54,847	$47.07	$44.17 - $49.41
Q4 2014	855,294	$69,664	$49.22	$46.45 - $51.65
Q3 2014	855,473	$71,346	$47.89	$45.93 - $49.13
Q2 2014	1,405,473	$118,495	$48.23	$45.73 - $51.29
Q1 2014	1,510,473	$123,662	$44.74	$41.65 - $48.24
Q4 2013	1,510,473	$131,608	$47.83	$45.86 - $50.23
Q3 2013	1,330,591	$115,216	$47.38	$44.86 - $49.49
Q2 2013	900,808	$78,028	$49.85	$46.13 - $51.86