ROYAL CARIBBEAN GROUP

Ticker: RCL CUSIP: V7780T103 Class: COM

DISCOVERY CAPITAL MANAGEMENT, LLC / CT's Holding History (CIK: 0001389507)

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

Q4 2013

Shares 800,100 Value ($000) $37,941 Avg Close $36.36 Range $30.78 - $41.02

Q3 2013

Shares 1,278,300 Value ($000) $48,933 Avg Close $31.90 Range $28.33 - $34.62

Q2 2013

Shares 1,200,800 Value ($000) $40,035 Avg Close $29.48 Range $26.58 - $32.74

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	800,100	$37,941	$36.36	$30.78 - $41.02
Q3 2013	1,278,300	$48,933	$31.90	$28.33 - $34.62
Q2 2013	1,200,800	$40,035	$29.48	$26.58 - $32.74