TOLL BROTHERS INC

Ticker: TOL CUSIP: 889478103 Class: COM

CYPRESS FUNDS LLC's Holding History (CIK: 0001081198)

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

Q1 2014

Shares 318,000 Value ($000) $11,416 Avg Close $36.82 Range $34.50 - $39.95

Q4 2013

Shares 318,000 Value ($000) $11,766 Avg Close $33.17 Range $29.64 - $37.26

Q3 2013

Shares 397,500 Value ($000) $12,891 Avg Close $32.34 Range $29.85 - $35.26

Q2 2013

Shares 487,200 Value ($000) $15,897 Avg Close $33.80 Range $29.87 - $39.25

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	318,000	$11,416	$36.82	$34.50 - $39.95
Q4 2013	318,000	$11,766	$33.17	$29.64 - $37.26
Q3 2013	397,500	$12,891	$32.34	$29.85 - $35.26
Q2 2013	487,200	$15,897	$33.80	$29.87 - $39.25