TAL EDUCATION GROUP

Ticker: TAL CUSIP: 874080104 Class: Foreign Stock

Freedom Investment Management, Inc.'s Holding History (CIK: 0001566653)

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

Q4 2015

Shares 6,826 Value ($000) $317 Avg Close — Range —

Q2 2015

Shares 16,419 Value ($000) $580 Avg Close — Range —

Q1 2015

Shares 19,084 Value ($000) $634 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	6,826	$317	—	—
Q2 2015	16,419	$580	—	—
Q1 2015	19,084	$634	—	—