KAMADA LTD

Ticker: KMDA CUSIP: M6240T109 Class: SHS

SPHERA FUNDS MANAGEMENT LTD.'s Holding History (CIK: 0001496201)

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

Q1 2015

Shares 293,727 Value ($000) $5,167 Avg Close $4.17 Range $3.68 - $4.70

Q4 2014

Shares 293,727 Value ($000) $1,089 Avg Close $3.69 Range $2.94 - $4.51

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	293,727	$5,167	$4.17	$3.68 - $4.70
Q4 2014	293,727	$1,089	$3.69	$2.94 - $4.51