SALLY BEAUTY HLDGS INC

Ticker: SBH CUSIP: 79546E104 Class: Common Stock

ADAGE CAPITAL PARTNERS GP, L.L.C.'s Holding History (CIK: 0001165408)

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

Q3 2015
Shares 500,000 Value ($000) $11,875 Avg Close $27.67 Range $23.39 - $32.41
Q2 2015
Shares 950,000 Value ($000) $30,001 Avg Close $31.74 Range $29.75 - $34.72
Q1 2015
Shares 750,000 Value ($000) $25,778 Avg Close $32.30 Range $28.61 - $35.27
Q4 2014
Shares 1,050,000 Value ($000) $32,277 Avg Close $29.71 Range $27.05 - $31.77
Q3 2014
Shares 1,000,000 Value ($000) $27,370 Avg Close $26.51 Range $24.09 - $28.29
Q2 2014
Shares 975,000 Value ($000) $24,453 Avg Close $25.82 Range $24.15 - $27.92
Q1 2014
Shares 800,000 Value ($000) $21,920 Avg Close $28.50 Range $26.96 - $31.83
Q4 2013
Shares 600,000 Value ($000) $18,138 Avg Close $27.38 Range $25.27 - $30.46