TOWER SEMICONDUCTOR LTD

Ticker: TSEM CUSIP: M87915274 Class: Com

KINGDON CAPITAL MANAGEMENT, L.L.C.'s Holding History (CIK: 0001000097)

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

Q2 2015

Shares 544,776 Value ($000) $8,411 Avg Close $16.01 Range $13.82 - $17.98

Q1 2015

Shares 643,118 Value ($000) $10,920 Avg Close $15.34 Range $12.41 - $18.29

Q4 2014

Shares 845,000 Value ($000) $11,264 Avg Close $11.22 Range $8.64 - $14.26

Q3 2014

Shares 620,000 Value ($000) $6,299 Avg Close $10.62 Range $9.07 - $12.26

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	544,776	$8,411	$16.01	$13.82 - $17.98
Q1 2015	643,118	$10,920	$15.34	$12.41 - $18.29
Q4 2014	845,000	$11,264	$11.22	$8.64 - $14.26
Q3 2014	620,000	$6,299	$10.62	$9.07 - $12.26