VISA INC

Ticker: V CUSIP: 92826C839 Class: Common Stock

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

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

Q1 2014

Shares 240,634 Value ($000) $51,944 Avg Close $51.12 Range $48.45 - $54.10

Q4 2013

Shares 211,695 Value ($000) $47,141 Avg Close $46.29 Range $41.29 - $51.16

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	240,634	$51,944	$51.12	$48.45 - $54.10
Q4 2013	211,695	$47,141	$46.29	$41.29 - $51.16