WALMART INC

Ticker: WMT CUSIP: 931142103 Class: Common Stock

MASTERS CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001104186)

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

Q1 2017

Shares 500,000 Value ($000) $36,040 Avg Close $19.78 Range $18.66 - $20.90

Q4 2016

Shares 300,000 Value ($000) $20,736 Avg Close $19.91 Range $19.04 - $20.72

Q3 2016

Shares 400,000 Value ($000) $28,848 Avg Close $20.60 Range $19.96 - $21.34

Q3 2015

Shares 500,000 Value ($000) $32,420 Avg Close $18.91 Range $16.94 - $20.30

Q2 2015

Shares 200,000 Value ($000) $14,186 Avg Close $20.88 Range $19.37 - $22.37

Q1 2015

Shares 359,396 Value ($000) $29,560 Avg Close $23.04 Range $21.90 - $24.59

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	500,000	$36,040	$19.78	$18.66 - $20.90
Q4 2016	300,000	$20,736	$19.91	$19.04 - $20.72
Q3 2016	400,000	$28,848	$20.60	$19.96 - $21.34
Q3 2015	500,000	$32,420	$18.91	$16.94 - $20.30
Q2 2015	200,000	$14,186	$20.88	$19.37 - $22.37
Q1 2015	359,396	$29,560	$23.04	$21.90 - $24.59