TRANSOCEAN LTD

Ticker: RIG CUSIP: H8817H100 Class: Common Stock

Cheviot Value Management, LLC's Holding History (CIK: 0001427147)

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

Q4 2014

Shares 30,361 Value ($000) $557 Avg Close $24.98 Range $15.97 - $32.41

Q3 2014

Shares 38,747 Value ($000) $1,239 Avg Close $39.12 Range $31.76 - $45.21

Q2 2014

Shares 39,962 Value ($000) $1,799 Avg Close $42.54 Range $39.41 - $46.12

Q1 2014

Shares 40,182 Value ($000) $1,661 Avg Close $43.48 Range $38.47 - $49.58

Q4 2013

Shares 42,005 Value ($000) $2,076 Avg Close $48.94 Range $44.19 - $55.74

Q3 2013

Shares 42,675 Value ($000) $1,899 Avg Close $47.28 Range $44.32 - $50.45

Q2 2013

Shares 43,165 Value ($000) $2,070 Avg Close $50.97 Range $46.02 - $55.79

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	30,361	$557	$24.98	$15.97 - $32.41
Q3 2014	38,747	$1,239	$39.12	$31.76 - $45.21
Q2 2014	39,962	$1,799	$42.54	$39.41 - $46.12
Q1 2014	40,182	$1,661	$43.48	$38.47 - $49.58
Q4 2013	42,005	$2,076	$48.94	$44.19 - $55.74
Q3 2013	42,675	$1,899	$47.28	$44.32 - $50.45
Q2 2013	43,165	$2,070	$50.97	$46.02 - $55.79