PROGRESS SOFTWARE CORP

Ticker: PRGS CUSIP: 743312100 Class: EQTY

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

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

Q4 2016

Shares 16,999 Value ($000) $543 Avg Close $29.03 Range $26.23 - $32.47

Q2 2016

Shares 37,996 Value ($000) $1,043 Avg Close $25.70 Range $23.98 - $27.64

Q1 2016

Shares 37,996 Value ($000) $916 Avg Close $24.56 Range $22.01 - $27.11

Q4 2015

Shares 37,996 Value ($000) $912 Avg Close $23.88 Range $21.94 - $25.77

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	16,999	$543	$29.03	$26.23 - $32.47
Q2 2016	37,996	$1,043	$25.70	$23.98 - $27.64
Q1 2016	37,996	$916	$24.56	$22.01 - $27.11
Q4 2015	37,996	$912	$23.88	$21.94 - $25.77