TRANSOCEAN LTD

Ticker: RIG CUSIP: H8817H100 Class: Common Stock

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

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

Q4 2014

Shares 294,100 Value ($000) $5,391 Avg Close $24.98 Range $15.97 - $32.41

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	294,100	$5,391	$24.98	$15.97 - $32.41