RENAISSANCERE HOLDINGS LTD

Ticker: RNR CUSIP: G7496G103 Class: COM

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

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

Q4 2016

Shares 3,922 Value ($000) $534 Avg Close $128.12 Range $117.36 - $137.21

Q3 2016

Shares 6,122 Value ($000) $736 Avg Close $117.88 Range $114.34 - $122.97

Q2 2016

Shares 9,990 Value ($000) $1,173 Avg Close $114.73 Range $107.27 - $121.38

Q1 2016

Shares 9,990 Value ($000) $1,197 Avg Close $113.56 Range $107.47 - $120.59

Q4 2015

Shares 14,274 Value ($000) $1,616 Avg Close $110.62 Range $104.78 - $116.10

Q3 2015

Shares 14,274 Value ($000) $1,517 Avg Close $104.95 Range $99.35 - $108.79

Q2 2015

Shares 15,783 Value ($000) $1,602 Avg Close $103.07 Range $99.20 - $105.96

Q1 2015

Shares 19,204 Value ($000) $1,915 Avg Close $99.99 Range $93.89 - $104.72

Q4 2014

Shares 16,509 Value ($000) $1,605 Avg Close $99.39 Range $94.24 - $103.57

Q3 2014

Shares 13,283 Value ($000) $1,329 Avg Close $102.58 Range $95.93 - $108.99

Q2 2014

Shares 18,825 Value ($000) $2,014 Avg Close $102.46 Range $95.90 - $107.51

Q1 2014

Shares 4,200 Value ($000) $410 Avg Close $93.66 Range $89.64 - $98.00

Q2 2013

Shares 49,974 Value ($000) $4,337 Avg Close $88.61 Range $82.50 - $95.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	3,922	$534	$128.12	$117.36 - $137.21
Q3 2016	6,122	$736	$117.88	$114.34 - $122.97
Q2 2016	9,990	$1,173	$114.73	$107.27 - $121.38
Q1 2016	9,990	$1,197	$113.56	$107.47 - $120.59
Q4 2015	14,274	$1,616	$110.62	$104.78 - $116.10
Q3 2015	14,274	$1,517	$104.95	$99.35 - $108.79
Q2 2015	15,783	$1,602	$103.07	$99.20 - $105.96
Q1 2015	19,204	$1,915	$99.99	$93.89 - $104.72
Q4 2014	16,509	$1,605	$99.39	$94.24 - $103.57
Q3 2014	13,283	$1,329	$102.58	$95.93 - $108.99
Q2 2014	18,825	$2,014	$102.46	$95.90 - $107.51
Q1 2014	4,200	$410	$93.66	$89.64 - $98.00
Q2 2013	49,974	$4,337	$88.61	$82.50 - $95.00