SOUTHWEST AIRLS CO

Ticker: LUV CUSIP: 844741108 Class: COM

DISCOVERY CAPITAL MANAGEMENT, LLC / CT's Holding History (CIK: 0001389507)

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

Q4 2015

Shares 273,000 Value ($000) $11,755 Avg Close $39.33 Range $32.85 - $45.58

Q3 2015

Shares 1,120,000 Value ($000) $42,605 Avg Close $32.73 Range $27.79 - $36.28

Q1 2015

Shares 1,283,150 Value ($000) $56,844 Avg Close $38.60 Range $33.79 - $41.66

Q4 2014

Shares 1,354,250 Value ($000) $57,312 Avg Close $32.93 Range $25.04 - $38.14

Q3 2014

Shares 1,954,200 Value ($000) $65,993 Avg Close $26.90 Range $22.76 - $31.30

Q2 2014

Shares 1,491,200 Value ($000) $40,054 Avg Close $22.15 Range $19.63 - $24.38

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	273,000	$11,755	$39.33	$32.85 - $45.58
Q3 2015	1,120,000	$42,605	$32.73	$27.79 - $36.28
Q1 2015	1,283,150	$56,844	$38.60	$33.79 - $41.66
Q4 2014	1,354,250	$57,312	$32.93	$25.04 - $38.14
Q3 2014	1,954,200	$65,993	$26.90	$22.76 - $31.30
Q2 2014	1,491,200	$40,054	$22.15	$19.63 - $24.38