URBAN OUTFITTERS INC

Ticker: URBN CUSIP: 917047102 Class: EQTY

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

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

Q4 2015

Shares 21,900 Value ($000) $498 Avg Close $25.83 Range $19.26 - $31.77

Q3 2015

Shares 17,400 Value ($000) $511 Avg Close $32.14 Range $28.22 - $36.99

Q2 2015

Shares 7,327 Value ($000) $256 Avg Close $38.69 Range $33.33 - $45.94

Q4 2014

Shares 94,600 Value ($000) $3,323 Avg Close $32.41 Range $27.89 - $36.92

Q3 2014

Shares 11,115 Value ($000) $408 Avg Close $36.77 Range $32.62 - $40.67

Q4 2013

Shares 26,400 Value ($000) $980 Avg Close $37.45 Range $35.00 - $40.45

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	21,900	$498	$25.83	$19.26 - $31.77
Q3 2015	17,400	$511	$32.14	$28.22 - $36.99
Q2 2015	7,327	$256	$38.69	$33.33 - $45.94
Q4 2014	94,600	$3,323	$32.41	$27.89 - $36.92
Q3 2014	11,115	$408	$36.77	$32.62 - $40.67
Q4 2013	26,400	$980	$37.45	$35.00 - $40.45