TRANSOCEAN LTD

Ticker: RIG CUSIP: H8817H100 Class: Common Stock

CARLSON CAPITAL L P's Holding History (CIK: 0001056973)

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

Q3 2014

Shares 850,000 Value ($000) $27,175 Avg Close $39.12 Range $31.76 - $45.21

Q3 2013

Shares 2,068,213 Value ($000) $92,035 Avg Close $47.28 Range $44.32 - $50.45

Q2 2013

Shares 3,517,737 Value ($000) $168,675 Avg Close $50.97 Range $46.02 - $55.79

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	850,000	$27,175	$39.12	$31.76 - $45.21
Q3 2013	2,068,213	$92,035	$47.28	$44.32 - $50.45
Q2 2013	3,517,737	$168,675	$50.97	$46.02 - $55.79