PORTLAND GEN ELEC CO

Ticker: POR CUSIP: 736508847 Class: Common Stock

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

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

Q1 2015

Shares 59,834 Value ($000) $2,219 Avg Close $25.32 Range $23.30 - $27.54

Q4 2014

Shares 54,816 Value ($000) $2,073 Avg Close $24.12 Range $21.36 - $27.05

Q3 2014

Shares 54,816 Value ($000) $1,760 Avg Close $21.94 Range $20.74 - $22.94

Q2 2014

Shares 56,800 Value ($000) $1,969 Avg Close $21.61 Range $20.96 - $22.91

Q1 2014

Shares 16,500 Value ($000) $534 Avg Close $20.00 Range $18.82 - $21.40

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	59,834	$2,219	$25.32	$23.30 - $27.54
Q4 2014	54,816	$2,073	$24.12	$21.36 - $27.05
Q3 2014	54,816	$1,760	$21.94	$20.74 - $22.94
Q2 2014	56,800	$1,969	$21.61	$20.96 - $22.91
Q1 2014	16,500	$534	$20.00	$18.82 - $21.40