UNITED AIRLS HLDGS INC

Ticker: UAL CUSIP: 910047109 Class: COM

Pinnacle Holdings, LLC's Holding History (CIK: 0001411784)

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

Q4 2013

Shares 25,723 Value ($000) $973,082 Avg Close $35.03 Range $29.11 - $40.19

Q3 2013

Shares 26,086 Value ($000) $801,085 Avg Close $32.18 Range $27.32 - $36.74

Q2 2013

Shares 26,628 Value ($000) $833,174 Avg Close $31.81 Range $27.90 - $35.27

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	25,723	$973,082	$35.03	$29.11 - $40.19
Q3 2013	26,086	$801,085	$32.18	$27.32 - $36.74
Q2 2013	26,628	$833,174	$31.81	$27.90 - $35.27