YUM BRANDS INC

Ticker: YUM CUSIP: 988498101 Class: COM

DISCOVERY CAPITAL MANAGEMENT, LLC / CT's Holding History (CIK: 0001389507)

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

Q4 2015

Shares 2,202,250 Value ($000) $160,874 Avg Close $43.30 Range $39.32 - $49.50

Q3 2015

Shares 1,248,950 Value ($000) $99,854 Avg Close $49.86 Range $42.30 - $54.52

Q3 2013

Shares 547,000 Value ($000) $39,050 Avg Close $41.01 Range $39.12 - $42.73

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	2,202,250	$160,874	$43.30	$39.32 - $49.50
Q3 2015	1,248,950	$99,854	$49.86	$42.30 - $54.52
Q3 2013	547,000	$39,050	$41.01	$39.12 - $42.73