COPA HOLDINGS SA

Ticker: CPA CUSIP: P31076105 Class: CL A

GLUSKIN SHEFF & ASSOC INC's Holding History (CIK: 0000905790)

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

Q4 2013

Shares 38,800 Value ($000) $6,212 Avg Close $104.68 Range $94.55 - $112.08

Q3 2013

Shares 32,000 Value ($000) $4,437 Avg Close $94.41 Range $86.04 - $101.79

Q2 2013

Shares 19,700 Value ($000) $2,716 Avg Close $87.82 Range $75.65 - $98.42

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	38,800	$6,212	$104.68	$94.55 - $112.08
Q3 2013	32,000	$4,437	$94.41	$86.04 - $101.79
Q2 2013	19,700	$2,716	$87.82	$75.65 - $98.42