SLM CORP

Ticker: SLM CUSIP: 78442P106 Class: Common Stock

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

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

Q3 2015

Shares 33,100 Value ($000) $245 Avg Close $8.81 Range $7.39 - $10.07

Q2 2015

Shares 23,200 Value ($000) $229 Avg Close $10.12 Range $9.25 - $10.76

Q1 2015

Shares 11,700 Value ($000) $109 Avg Close $9.40 Range $8.50 - $10.34

Q2 2014

Shares 35,250 Value ($000) $293 Avg Close $8.81 Range $8.20 - $9.51

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	33,100	$245	$8.81	$7.39 - $10.07
Q2 2015	23,200	$229	$10.12	$9.25 - $10.76
Q1 2015	11,700	$109	$9.40	$8.50 - $10.34
Q2 2014	35,250	$293	$8.81	$8.20 - $9.51