AXIS CAPITAL HOLDINGS LTD

Ticker: AXS CUSIP: G0692U109 Class: Common Stock

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

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

Q4 2016

Shares 8,109 Value ($000) $529 Avg Close $46.61 Range $41.54 - $51.27

Q3 2016

Shares 13,409 Value ($000) $729 Avg Close $42.44 Range $40.51 - $44.09

Q2 2016

Shares 18,909 Value ($000) $1,040 Avg Close $41.46 Range $38.97 - $43.07

Q1 2016

Shares 18,909 Value ($000) $1,049 Avg Close $41.05 Range $39.22 - $42.80

Q4 2015

Shares 27,054 Value ($000) $1,521 Avg Close $41.64 Range $39.59 - $43.74

Q3 2015

Shares 27,054 Value ($000) $1,454 Avg Close $41.66 Range $39.91 - $45.02

Q2 2015

Shares 29,854 Value ($000) $1,593 Avg Close $40.18 Range $37.92 - $44.32

Q1 2015

Shares 43,527 Value ($000) $2,245 Avg Close $37.79 Range $35.36 - $39.35

Q4 2014

Shares 39,003 Value ($000) $1,993 Avg Close $36.10 Range $33.16 - $38.61

Q3 2014

Shares 49,553 Value ($000) $2,345 Avg Close $33.92 Range $31.55 - $35.71

Q2 2014

Shares 42,201 Value ($000) $1,869 Avg Close $33.36 Range $32.22 - $34.53

Q1 2014

Shares 9,100 Value ($000) $417 Avg Close $32.52 Range $30.32 - $34.37

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	8,109	$529	$46.61	$41.54 - $51.27
Q3 2016	13,409	$729	$42.44	$40.51 - $44.09
Q2 2016	18,909	$1,040	$41.46	$38.97 - $43.07
Q1 2016	18,909	$1,049	$41.05	$39.22 - $42.80
Q4 2015	27,054	$1,521	$41.64	$39.59 - $43.74
Q3 2015	27,054	$1,454	$41.66	$39.91 - $45.02
Q2 2015	29,854	$1,593	$40.18	$37.92 - $44.32
Q1 2015	43,527	$2,245	$37.79	$35.36 - $39.35
Q4 2014	39,003	$1,993	$36.10	$33.16 - $38.61
Q3 2014	49,553	$2,345	$33.92	$31.55 - $35.71
Q2 2014	42,201	$1,869	$33.36	$32.22 - $34.53
Q1 2014	9,100	$417	$32.52	$30.32 - $34.37