ARCOS DORADOS HOLDINGS INC

Ticker: ARCO CUSIP: G0457F107 Class: SHS CLASS -A -

BALDWIN BROTHERS LLC/MA's Holding History (CIK: 0001021258)

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

Q3 2016

Shares 200 Value ($000) $1 Avg Close $4.61 Range $3.94 - $5.18

Q2 2016

Shares 200 Value ($000) $1 Avg Close $3.77 Range $2.84 - $4.44

Q1 2016

Shares 200 Value ($000) $1 Avg Close $2.46 Range $1.87 - $3.36

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	200	$1	$4.61	$3.94 - $5.18
Q2 2016	200	$1	$3.77	$2.84 - $4.44
Q1 2016	200	$1	$2.46	$1.87 - $3.36