ARCOS DORADOS HOLDINGS INC

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

SYSTEMATIC FINANCIAL MANAGEMENT LP's Holding History (CIK: 0001085936)

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

Q4 2017

Shares 157,860 Value ($000) $1,634 Avg Close $8.69 Range $7.95 - $9.34

Q3 2017

Shares 171,465 Value ($000) $1,723 Avg Close $7.68 Range $6.40 - $8.95

Q2 2017

Shares 206,975 Value ($000) $1,542 Avg Close $7.19 Range $6.40 - $8.24

Q1 2017

Shares 294,625 Value ($000) $2,372 Avg Close $5.48 Range $4.71 - $7.13

Q4 2016

Shares 218,380 Value ($000) $1,179 Avg Close $5.06 Range $4.45 - $5.71

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	157,860	$1,634	$8.69	$7.95 - $9.34
Q3 2017	171,465	$1,723	$7.68	$6.40 - $8.95
Q2 2017	206,975	$1,542	$7.19	$6.40 - $8.24
Q1 2017	294,625	$2,372	$5.48	$4.71 - $7.13
Q4 2016	218,380	$1,179	$5.06	$4.45 - $5.71