ADECOAGRO S A

Ticker: AGRO CUSIP: L00849106 Class: Common Stock

CAPITAL FUND MANAGEMENT S.A.'s Holding History (CIK: 0001323645)

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

Q4 2017

Shares 50,829 Value ($000) $526 Avg Close $8.93 Range $7.41 - $9.92

Q3 2017

Shares 118,629 Value ($000) $1,281 Avg Close $8.91 Range $8.47 - $9.67

Q2 2017

Shares 138,529 Value ($000) $1,384 Avg Close $9.73 Range $8.58 - $10.60

Q1 2017

Shares 50,024 Value ($000) $573 Avg Close $10.45 Range $9.23 - $11.82

Q2 2016

Shares 61,500 Value ($000) $675 Avg Close $9.77 Range $8.95 - $10.45

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	50,829	$526	$8.93	$7.41 - $9.92
Q3 2017	118,629	$1,281	$8.91	$8.47 - $9.67
Q2 2017	138,529	$1,384	$9.73	$8.58 - $10.60
Q1 2017	50,024	$573	$10.45	$9.23 - $11.82
Q2 2016	61,500	$675	$9.77	$8.95 - $10.45