ROYAL CARIBBEAN GROUP

Ticker: RCL CUSIP: V7780T103 Class: COM

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

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

Q2 2019

Shares 80,861 Value ($000) $9,801 Avg Close $116.54 Range $109.83 - $125.13

Q1 2019

Shares 223,393 Value ($000) $25,605 Avg Close $108.13 Range $87.22 - $117.95

Q4 2018

Shares 162,060 Value ($000) $15,848 Avg Close $103.40 Range $84.95 - $123.99

Q2 2018

Shares 27,756 Value ($000) $2,876 Avg Close $102.70 Range $94.93 - $112.60

Q1 2018

Shares 67,509 Value ($000) $7,949 Avg Close $117.41 Range $108.13 - $125.89

Q4 2017

Shares 24,256 Value ($000) $2,893 Avg Close $114.36 Range $108.57 - $123.53

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	80,861	$9,801	$116.54	$109.83 - $125.13
Q1 2019	223,393	$25,605	$108.13	$87.22 - $117.95
Q4 2018	162,060	$15,848	$103.40	$84.95 - $123.99
Q2 2018	27,756	$2,876	$102.70	$94.93 - $112.60
Q1 2018	67,509	$7,949	$117.41	$108.13 - $125.89
Q4 2017	24,256	$2,893	$114.36	$108.57 - $123.53