SYNCHRONY FINANCIAL

Ticker: SYF CUSIP: 87165B103 Class: COM

CARLSON CAPITAL L P's Holding History (CIK: 0001056973)

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

Q4 2016

Shares 1,031,361 Value ($000) $37,407 Avg Close $25.67 Range $20.92 - $30.05

Q3 2016

Shares 1,258,932 Value ($000) $35,250 Avg Close $21.98 Range $19.81 - $23.05

Q2 2016

Shares 1,450,513 Value ($000) $36,669 Avg Close $23.23 Range $18.55 - $25.51

Q1 2016

Shares 1,754,321 Value ($000) $50,279 Avg Close $22.17 Range $18.94 - $24.16

Q4 2015

Shares 3,210,535 Value ($000) $97,632 Avg Close $25.00 Range $23.07 - $27.61

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	1,031,361	$37,407	$25.67	$20.92 - $30.05
Q3 2016	1,258,932	$35,250	$21.98	$19.81 - $23.05
Q2 2016	1,450,513	$36,669	$23.23	$18.55 - $25.51
Q1 2016	1,754,321	$50,279	$22.17	$18.94 - $24.16
Q4 2015	3,210,535	$97,632	$25.00	$23.07 - $27.61