UNITED AIRLS HLDGS INC

Ticker: UAL CUSIP: 910047109 Class: COM

Meritage Group LP's Holding History (CIK: 0001427119)

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

Q2 2015

Shares 144,751 Value ($000) $7,673 Avg Close $57.89 Range $49.85 - $65.85

Q1 2015

Shares 144,751 Value ($000) $9,735 Avg Close $67.75 Range $62.37 - $74.52

Q4 2014

Shares 144,751 Value ($000) $9,682 Avg Close $55.38 Range $39.46 - $67.77

Q3 2014

Shares 144,751 Value ($000) $6,773 Avg Close $46.41 Range $36.65 - $52.45

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	144,751	$7,673	$57.89	$49.85 - $65.85
Q1 2015	144,751	$9,735	$67.75	$62.37 - $74.52
Q4 2014	144,751	$9,682	$55.38	$39.46 - $67.77
Q3 2014	144,751	$6,773	$46.41	$36.65 - $52.45