YELP INC

Ticker: YELP CUSIP: 985817105 Class: CL A

Nicholas Investment Partners, LP's Holding History (CIK: 0001389574)

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

Q1 2014

Shares 46,487 Value ($000) $3,576 Avg Close $84.51 Range $66.47 - $101.75

Q4 2013

Shares 37,426 Value ($000) $2,581 Avg Close $66.21 Range $56.65 - $75.37

Q3 2013

Shares 39,953 Value ($000) $2,644 Avg Close $51.21 Range $33.93 - $71.50

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	46,487	$3,576	$84.51	$66.47 - $101.75
Q4 2013	37,426	$2,581	$66.21	$56.65 - $75.37
Q3 2013	39,953	$2,644	$51.21	$33.93 - $71.50