COPA HOLDINGS SA

Ticker: CPA CUSIP: P31076105 Class: CL A

MARSICO CAPITAL MANAGEMENT LLC's Holding History (CIK: 0001055966)

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

Q3 2014

Shares 153,138 Value ($000) $16,430 Avg Close $94.10 Range $73.98 - $111.29

Q2 2014

Shares 116,980 Value ($000) $16,678 Avg Close $98.21 Range $91.49 - $103.49

Q4 2013

Shares 91,676 Value ($000) $14,678 Avg Close $104.68 Range $94.55 - $112.08

Q3 2013

Shares 69,757 Value ($000) $9,673 Avg Close $94.41 Range $86.04 - $101.79

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	153,138	$16,430	$94.10	$73.98 - $111.29
Q2 2014	116,980	$16,678	$98.21	$91.49 - $103.49
Q4 2013	91,676	$14,678	$104.68	$94.55 - $112.08
Q3 2013	69,757	$9,673	$94.41	$86.04 - $101.79