YELP INC

Ticker: YELP CUSIP: 985817105 Class: CL A

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

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

Q2 2016

Shares 57,823 Value ($000) $1,756 Avg Close $24.33 Range $19.21 - $30.54

Q2 2015

Shares 413,084 Value ($000) $17,775 Avg Close $46.38 Range $37.91 - $52.51

Q1 2015

Shares 594,860 Value ($000) $28,166 Avg Close $49.51 Range $42.10 - $57.70

Q4 2014

Shares 77,555 Value ($000) $4,245 Avg Close $59.10 Range $49.17 - $73.41

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	57,823	$1,756	$24.33	$19.21 - $30.54
Q2 2015	413,084	$17,775	$46.38	$37.91 - $52.51
Q1 2015	594,860	$28,166	$49.51	$42.10 - $57.70
Q4 2014	77,555	$4,245	$59.10	$49.17 - $73.41