YELP INC

Ticker: YELP CUSIP: 985817105 Class: CL A

Caledonia (Private) Investments Pty Ltd's Holding History (CIK: 0001352924)

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

Q4 2014

Shares 2,088,808 Value ($000) $114,320 Avg Close $59.10 Range $49.17 - $73.41

Q3 2014

Shares 1,382,613 Value ($000) $94,363 Avg Close $74.52 Range $64.70 - $86.88

Q2 2014

Shares 1,675,289 Value ($000) $128,461 Avg Close $65.07 Range $49.11 - $81.40

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	2,088,808	$114,320	$59.10	$49.17 - $73.41
Q3 2014	1,382,613	$94,363	$74.52	$64.70 - $86.88
Q2 2014	1,675,289	$128,461	$65.07	$49.11 - $81.40