PITNEY BOWES INC

Ticker: PBI CUSIP: 724479100 Class: EQTY

ADAGE CAPITAL PARTNERS GP, L.L.C.'s Holding History (CIK: 0001165408)

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

Q4 2016
Shares 263,796 Value ($000) $4,007 Avg Close $15.92 Range $14.22 - $18.20
Q3 2016
Shares 267,496 Value ($000) $4,858 Avg Close $18.35 Range $16.88 - $19.33
Q2 2016
Shares 278,596 Value ($000) $4,959 Avg Close $19.27 Range $16.28 - $21.81
Q1 2016
Shares 283,796 Value ($000) $6,113 Avg Close $19.00 Range $16.24 - $21.60
Q4 2015
Shares 283,796 Value ($000) $5,860 Avg Close $20.68 Range $19.12 - $21.76
Q3 2015
Shares 287,596 Value ($000) $5,709 Avg Close $20.52 Range $18.59 - $21.64
Q2 2015
Shares 291,396 Value ($000) $6,064 Avg Close $22.54 Range $20.79 - $23.93
Q1 2015
Shares 291,396 Value ($000) $6,795 Avg Close $23.28 Range $21.15 - $24.60
Q4 2014
Shares 291,396 Value ($000) $7,101 Avg Close $24.43 Range $22.38 - $25.68
Q3 2014
Shares 296,796 Value ($000) $7,417 Avg Close $26.74 Range $24.63 - $28.37
Q2 2014
Shares 80,317 Value ($000) $2,218 Avg Close $26.63 Range $24.06 - $28.23
Q4 2013
Shares 311,396 Value ($000) $7,256 Avg Close $21.51 Range $18.21 - $24.18
Q3 2013
Shares 288,796 Value ($000) $5,254 Avg Close $16.40 Range $13.76 - $18.82
Q2 2013
Shares 288,796 Value ($000) $4,240 Avg Close $14.77 Range $13.12 - $16.43
Q1 2013
Shares 286,496 Value ($000) $4,257 Avg Close $13.30 Range $10.71 - $15.56