TARGET CORP

Ticker: TGT CUSIP: 87612E106 Class: COM

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

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

Q4 2016

Shares 6,800 Value ($000) $491 Avg Close $55.35 Range $50.24 - $60.89

Q3 2016

Shares 10,700 Value ($000) $735 Avg Close $54.34 Range $51.08 - $58.43

Q2 2016

Shares 12,900 Value ($000) $901 Avg Close $56.11 Range $49.46 - $63.05

Q4 2015

Shares 25,150 Value ($000) $1,826 Avg Close $55.25 Range $50.65 - $59.12

Q3 2015

Shares 18,250 Value ($000) $1,436 Avg Close $58.64 Range $53.03 - $62.46

Q2 2015

Shares 26,083 Value ($000) $2,129 Avg Close $59.06 Range $55.61 - $62.83

Q3 2014

Shares 3,200 Value ($000) $201 Avg Close $43.23 Range $40.68 - $46.35

Q2 2014

Shares 30,975 Value ($000) $1,795 Avg Close $41.64 Range $39.25 - $44.18

Q1 2014

Shares 8,400 Value ($000) $508 Avg Close $41.65 Range $38.26 - $44.92

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	6,800	$491	$55.35	$50.24 - $60.89
Q3 2016	10,700	$735	$54.34	$51.08 - $58.43
Q2 2016	12,900	$901	$56.11	$49.46 - $63.05
Q4 2015	25,150	$1,826	$55.25	$50.65 - $59.12
Q3 2015	18,250	$1,436	$58.64	$53.03 - $62.46
Q2 2015	26,083	$2,129	$59.06	$55.61 - $62.83
Q3 2014	3,200	$201	$43.23	$40.68 - $46.35
Q2 2014	30,975	$1,795	$41.64	$39.25 - $44.18
Q1 2014	8,400	$508	$41.65	$38.26 - $44.92