PITNEY BOWES INC

Ticker: PBI CUSIP: 724479100 Class: EQTY

RATIONAL ADVISORS LLC's Holding History (CIK: 0001143565)

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

Q2 2011
Shares 4,000 Value ($000) $92 Avg Close — Range —
Q1 2010
Shares 102,300 Value ($000) $2,501 Avg Close — Range —
Q4 2009
Shares 102,300 Value ($000) $2,328 Avg Close — Range —
Q3 2009
Shares 102,000 Value ($000) $2,535 Avg Close — Range —
Q2 2009
Shares 102,000 Value ($000) $2,237 Avg Close — Range —
Q1 2009
Shares 91,300 Value ($000) $2,132 Avg Close — Range —