PITNEY BOWES INC

Ticker: PBI CUSIP: 724479100 Class: EQTY

ALKEON CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001230239)

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

Q4 2014

Shares 1,672,140 Value ($000) $40,750 Avg Close $24.43 Range $22.38 - $25.68

Q3 2014

Shares 1,661,640 Value ($000) $41,524 Avg Close $26.74 Range $24.63 - $28.37

Q2 2014

Shares 961,640 Value ($000) $26,560 Avg Close $26.63 Range $24.06 - $28.23

Q1 2014

Shares 2,400,000 Value ($000) $62,376 Avg Close $24.66 Range $21.01 - $26.63

Q4 2013

Shares 2,300,000 Value ($000) $53,590 Avg Close $21.51 Range $18.21 - $24.18

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	1,672,140	$40,750	$24.43	$22.38 - $25.68
Q3 2014	1,661,640	$41,524	$26.74	$24.63 - $28.37
Q2 2014	961,640	$26,560	$26.63	$24.06 - $28.23
Q1 2014	2,400,000	$62,376	$24.66	$21.01 - $26.63
Q4 2013	2,300,000	$53,590	$21.51	$18.21 - $24.18