URBAN OUTFITTERS INC

Ticker: URBN CUSIP: 917047102 Class: EQTY

TOBAM's Holding History (CIK: 0001527488)

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

Q3 2015

Shares 2,018,761 Value ($000) $59,311 Avg Close $32.14 Range $28.22 - $36.99

Q2 2015

Shares 1,686,102 Value ($000) $59,013 Avg Close $38.69 Range $33.33 - $45.94

Q1 2015

Shares 706,379 Value ($000) $32,246 Avg Close $38.89 Range $32.58 - $47.25

Q4 2014

Shares 268,858 Value ($000) $9,445 Avg Close $32.41 Range $27.89 - $36.92

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	2,018,761	$59,311	$32.14	$28.22 - $36.99
Q2 2015	1,686,102	$59,013	$38.69	$33.33 - $45.94
Q1 2015	706,379	$32,246	$38.89	$32.58 - $47.25
Q4 2014	268,858	$9,445	$32.41	$27.89 - $36.92