TRAVELZOO

Ticker: TZOO CUSIP: 89421Q205 Class: Common Stock

Kazazian Asset Management, LLC's Holding History (CIK: 0001580415)

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

Q2 2015

Shares 16,892 Value ($000) $191 Avg Close $12.14 Range $9.34 - $14.29

Q1 2015

Shares 29,122 Value ($000) $281 Avg Close $9.93 Range $8.45 - $12.69

Q4 2014

Shares 58,969 Value ($000) $744 Avg Close $13.18 Range $12.07 - $16.26

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	16,892	$191	$12.14	$9.34 - $14.29
Q1 2015	29,122	$281	$9.93	$8.45 - $12.69
Q4 2014	58,969	$744	$13.18	$12.07 - $16.26