POPULAR INC

Ticker: BPOP CUSIP: 733174700 Class: Common Stock

Saba Capital Management, L.P.'s Holding History (CIK: 0001510281)

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

Q4 2014

Shares 73,789 Value ($000) $2,513 Avg Close $23.63 Range $20.00 - $25.96

Q3 2014

Shares 436,388 Value ($000) $12,845 Avg Close $24.05 Range $21.93 - $26.34

Q3 2013

Shares 135,000 Value ($000) $3,541 Avg Close $23.74 Range $19.45 - $25.88

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	73,789	$2,513	$23.63	$20.00 - $25.96
Q3 2014	436,388	$12,845	$24.05	$21.93 - $26.34
Q3 2013	135,000	$3,541	$23.74	$19.45 - $25.88