RYDER SYS INC

Ticker: R CUSIP: 783549108 Class: Common Stock

GOLDENTREE ASSET MANAGEMENT LP's Holding History (CIK: 0001278951)

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

Q4 2013

Shares 159,345 Value ($000) $11,756 Avg Close $66.27 Range $56.93 - $73.97

Q3 2013

Shares 211,345 Value ($000) $12,617 Avg Close $60.03 Range $55.17 - $64.99

Q2 2013

Shares 204,090 Value ($000) $12,407 Avg Close $60.21 Range $52.58 - $64.68

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	159,345	$11,756	$66.27	$56.93 - $73.97
Q3 2013	211,345	$12,617	$60.03	$55.17 - $64.99
Q2 2013	204,090	$12,407	$60.21	$52.58 - $64.68