COPA HOLDINGS SA

Ticker: CPA CUSIP: P31076105 Class: CL A

Sarasin & Partners LLP's Holding History (CIK: 0001510481)

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

Q2 2015

Shares 31,000 Value ($000) $2,560 Avg Close $69.03 Range $59.13 - $83.06

Q1 2015

Shares 36,600 Value ($000) $3,696 Avg Close $77.92 Range $70.73 - $86.83

Q4 2014

Shares 33,700 Value ($000) $3,493 Avg Close $75.73 Range $62.31 - $83.69

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	31,000	$2,560	$69.03	$59.13 - $83.06
Q1 2015	36,600	$3,696	$77.92	$70.73 - $86.83
Q4 2014	33,700	$3,493	$75.73	$62.31 - $83.69