TUCOWS INC

Ticker: TCX CUSIP: 898697206 Class: Common Stock

TWO SIGMA ADVISERS, LP's Holding History (CIK: 0001478735)

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

Q4 2018

Shares 4,700 Value ($000) $282 Avg Close $55.90 Range $49.69 - $65.07

Q3 2018

Shares 9,700 Value ($000) $541 Avg Close $57.31 Range $51.01 - $62.30

Q2 2018

Shares 9,200 Value ($000) $558 Avg Close $62.15 Range $55.10 - $66.65

Q4 2016

Shares 10,300 Value ($000) $363 Avg Close $32.37 Range $27.25 - $37.00

Q3 2016

Shares 11,400 Value ($000) $365 Avg Close $28.11 Range $24.10 - $33.94

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	4,700	$282	$55.90	$49.69 - $65.07
Q3 2018	9,700	$541	$57.31	$51.01 - $62.30
Q2 2018	9,200	$558	$62.15	$55.10 - $66.65
Q4 2016	10,300	$363	$32.37	$27.25 - $37.00
Q3 2016	11,400	$365	$28.11	$24.10 - $33.94