ARCOS DORADOS HOLDINGS INC

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

Ninety One UK Ltd's Holding History (CIK: 0001418329)

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

Q3 2018

Shares 1,353,597 Value ($000) $8,460 Avg Close $5.91 Range $5.26 - $6.52

Q4 2017

Shares 1,741,244 Value ($000) $18,022 Avg Close $8.69 Range $7.95 - $9.34

Q3 2017

Shares 1,853,483 Value ($000) $18,628 Avg Close $7.68 Range $6.40 - $8.95

Q2 2017

Shares 496,667 Value ($000) $3,700 Avg Close $7.19 Range $6.40 - $8.24

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	1,353,597	$8,460	$5.91	$5.26 - $6.52
Q4 2017	1,741,244	$18,022	$8.69	$7.95 - $9.34
Q3 2017	1,853,483	$18,628	$7.68	$6.40 - $8.95
Q2 2017	496,667	$3,700	$7.19	$6.40 - $8.24