THERAVANCE BIOPHARMA INC

Ticker: TBPH CUSIP: G8807B106 Class: Common Stock

Manchester Capital Management LLC's Holding History (CIK: 0001393389)

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

Q4 2014

Shares 999 Value ($000) $15 Avg Close $17.42 Range $13.11 - $24.06

Q3 2014

Shares 999 Value ($000) $23 Avg Close $29.01 Range $23.01 - $34.07

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	999	$15	$17.42	$13.11 - $24.06
Q3 2014	999	$23	$29.01	$23.01 - $34.07