YELP INC

Ticker: YELP CUSIP: 985817105 Class: CL A

EULAV Asset Management's Holding History (CIK: 0001540826)

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

Q3 2015

Shares 45,000 Value ($000) $975 Avg Close $27.74 Range $20.50 - $43.49

Q2 2015

Shares 45,000 Value ($000) $1,936 Avg Close $46.38 Range $37.91 - $52.51

Q1 2015

Shares 45,000 Value ($000) $2,131 Avg Close $49.51 Range $42.10 - $57.70

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	45,000	$975	$27.74	$20.50 - $43.49
Q2 2015	45,000	$1,936	$46.38	$37.91 - $52.51
Q1 2015	45,000	$2,131	$49.51	$42.10 - $57.70