HERBALIFE LTD

Ticker: HLF CUSIP: G4412G101 Class: Common Stock

KINGDON CAPITAL MANAGEMENT, L.L.C.'s Holding History (CIK: 0001000097)

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

Q3 2016

Shares 637,449 Value ($000) $39,515 Avg Close $31.58 Range $28.52 - $36.11

Q2 2016

Shares 150,000 Value ($000) $8,780 Avg Close $29.93 Range $27.00 - $33.13

Q3 2013

Shares 50,000 Value ($000) $3,489 Avg Close $30.58 Range $22.12 - $36.77

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	637,449	$39,515	$31.58	$28.52 - $36.11
Q2 2016	150,000	$8,780	$29.93	$27.00 - $33.13
Q3 2013	50,000	$3,489	$30.58	$22.12 - $36.77