YUM BRANDS INC

Ticker: YUM CUSIP: 988498101 Class: COM

CARLSON CAPITAL L P's Holding History (CIK: 0001056973)

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

Q2 2018

Shares 110,900 Value ($000) $8,675 Avg Close $72.58 Range $67.50 - $76.45

Q1 2018

Shares 404,666 Value ($000) $34,449 Avg Close $71.00 Range $65.56 - $75.11

Q4 2017

Shares 470,064 Value ($000) $38,362 Avg Close $68.23 Range $63.15 - $72.83

Q3 2017

Shares 457,671 Value ($000) $33,689 Avg Close $64.74 Range $62.05 - $67.26

Q2 2017

Shares 500,293 Value ($000) $36,902 Avg Close $59.63 Range $53.91 - $64.68

Q1 2017

Shares 469,793 Value ($000) $30,020 Avg Close $55.54 Range $53.21 - $58.86

Q4 2016

Shares 400,800 Value ($000) $25,383 Avg Close $53.30 Range $50.59 - $55.79

Q2 2016

Shares 212,300 Value ($000) $17,604 Avg Close $49.47 Range $47.30 - $51.88

Q3 2013

Shares 200,840 Value ($000) $14,338 Avg Close $41.01 Range $39.12 - $42.73

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2018	110,900	$8,675	$72.58	$67.50 - $76.45
Q1 2018	404,666	$34,449	$71.00	$65.56 - $75.11
Q4 2017	470,064	$38,362	$68.23	$63.15 - $72.83
Q3 2017	457,671	$33,689	$64.74	$62.05 - $67.26
Q2 2017	500,293	$36,902	$59.63	$53.91 - $64.68
Q1 2017	469,793	$30,020	$55.54	$53.21 - $58.86
Q4 2016	400,800	$25,383	$53.30	$50.59 - $55.79
Q2 2016	212,300	$17,604	$49.47	$47.30 - $51.88
Q3 2013	200,840	$14,338	$41.01	$39.12 - $42.73