TRANSOCEAN LTD

Ticker: RIG CUSIP: H8817H100 Class: Common Stock

Davis Selected Advisers's Holding History (CIK: 0001036325)

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

Q4 2015

Shares 422,356 Value ($000) $5,229 Avg Close $14.42 Range $11.95 - $17.19

Q3 2015

Shares 422,356 Value ($000) $5,457 Avg Close $13.88 Range $11.26 - $16.20

Q2 2015

Shares 422,356 Value ($000) $6,808 Avg Close $18.01 Range $14.44 - $21.90

Q1 2015

Shares 423,106 Value ($000) $6,207 Avg Close $16.21 Range $13.28 - $20.65

Q4 2014

Shares 423,106 Value ($000) $7,756 Avg Close $24.98 Range $15.97 - $32.41

Q3 2014

Shares 328,636 Value ($000) $10,506 Avg Close $39.12 Range $31.76 - $45.21

Q2 2014

Shares 263,966 Value ($000) $11,886 Avg Close $42.54 Range $39.41 - $46.12

Q1 2014

Shares 248,566 Value ($000) $10,276 Avg Close $43.48 Range $38.47 - $49.58

Q4 2013

Shares 214,390 Value ($000) $10,595 Avg Close $48.94 Range $44.19 - $55.74

Q3 2013

Shares 234,997 Value ($000) $10,457 Avg Close $47.28 Range $44.32 - $50.45

Q2 2013

Shares 4,097,278 Value ($000) $196,464 Avg Close $50.97 Range $46.02 - $55.79

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	422,356	$5,229	$14.42	$11.95 - $17.19
Q3 2015	422,356	$5,457	$13.88	$11.26 - $16.20
Q2 2015	422,356	$6,808	$18.01	$14.44 - $21.90
Q1 2015	423,106	$6,207	$16.21	$13.28 - $20.65
Q4 2014	423,106	$7,756	$24.98	$15.97 - $32.41
Q3 2014	328,636	$10,506	$39.12	$31.76 - $45.21
Q2 2014	263,966	$11,886	$42.54	$39.41 - $46.12
Q1 2014	248,566	$10,276	$43.48	$38.47 - $49.58
Q4 2013	214,390	$10,595	$48.94	$44.19 - $55.74
Q3 2013	234,997	$10,457	$47.28	$44.32 - $50.45
Q2 2013	4,097,278	$196,464	$50.97	$46.02 - $55.79