TIM PARTICIPACOES S A

CUSIP: 88706P205 Class: ADR

Taconic Capital Advisors LP's Holding History (CIK: 0001390113)

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

Q2 2015
Shares 1,670,000 Value ($000) $27,321 Avg Close — Range —
Q1 2015
Shares 1,670,000 Value ($000) $27,689 Avg Close — Range —
Q4 2014
Shares 1,670,000 Value ($000) $37,091 Avg Close — Range —
Q3 2014
Shares 1,670,000 Value ($000) $43,754 Avg Close — Range —
Q2 2014
Shares 1,670,000 Value ($000) $48,480 Avg Close — Range —
Q1 2014
Shares 2,000,000 Value ($000) $51,920 Avg Close — Range —
Q4 2013
Shares 1,875,000 Value ($000) $49,200 Avg Close — Range —
Q3 2013
Shares 1,000,000 Value ($000) $23,570 Avg Close — Range —