TIM HORTONS INC

CUSIP: 88706M103 Class: COM

Parallax Volatility Advisers, L.P.'s Holding History (CIK: 0001521001)

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

Q3 2014
Shares 299 Value ($000) $24 Avg Close — Range —
Q2 2014
Shares 1,163 Value ($000) $64 Avg Close — Range —
Q1 2014
Shares 763 Value ($000) $42 Avg Close — Range —
Q4 2013
Shares 354 Value ($000) $21 Avg Close — Range —