RYDER SYS INC

Ticker: R CUSIP: 783549108 Class: Common Stock

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

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

Q2 2016

Shares 11,035 Value ($000) $675 Avg Close $66.23 Range $56.98 - $71.90

Q1 2016

Shares 26,735 Value ($000) $1,732 Avg Close $56.82 Range $45.12 - $66.36

Q4 2015

Shares 6,888 Value ($000) $391 Avg Close $66.08 Range $53.54 - $76.33

Q3 2015

Shares 15,688 Value ($000) $1,162 Avg Close $85.35 Range $72.66 - $93.86

Q2 2015

Shares 16,914 Value ($000) $1,478 Avg Close $94.39 Range $86.75 - $100.64

Q3 2014

Shares 2,757 Value ($000) $248 Avg Close $89.68 Range $84.20 - $93.87

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	11,035	$675	$66.23	$56.98 - $71.90
Q1 2016	26,735	$1,732	$56.82	$45.12 - $66.36
Q4 2015	6,888	$391	$66.08	$53.54 - $76.33
Q3 2015	15,688	$1,162	$85.35	$72.66 - $93.86
Q2 2015	16,914	$1,478	$94.39	$86.75 - $100.64
Q3 2014	2,757	$248	$89.68	$84.20 - $93.87