SERITAGE GROWTH PPTYS

Ticker: SRG CUSIP: 81752R100 Class: COM

Long Pond Capital, LP's Holding History (CIK: 0001499066)

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

Q1 2016

Shares 1,151,978 Value ($000) $57,564 Avg Close $38.51 Range $33.62 - $47.98

Q4 2015

Shares 1,802,100 Value ($000) $72,480 Avg Close $35.87 Range $30.90 - $40.07

Q3 2015

Shares 1,629,596 Value ($000) $60,702 Avg Close $36.75 Range $33.38 - $41.07

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	1,151,978	$57,564	$38.51	$33.62 - $47.98
Q4 2015	1,802,100	$72,480	$35.87	$30.90 - $40.07
Q3 2015	1,629,596	$60,702	$36.75	$33.38 - $41.07