ABRAMS CAPITAL MANAGEMENT, L.P. Information

222 BERKELEY STREET, 21ST FLOOR, BOSTON, Massachusetts, 02116, (617) 646-6100

Report Date: 09/30/2014

Position Statistics

Total Positions 18
New Positions 3
Increased Positions 8
Decreased Positions 5
Positions with Activity 13
Sold Out Positions 5
Total Mkt Value (in $ millions) 1,823

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0%
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial 22.88%
Healthcare 14.84%
Services 32.48%
Technology 14.19%
Transportation
Utilities

18 Positions as of 09/30/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ROYAL BK SCOTLAND GROUP PLC ADR PFD SER P -1,369 Sold Out 0
ROYAL BK SCOTLAND GROUP PLC ADR PREF SHS R -2,735 Sold Out 0
CLEAR CHANNEL OUTDOOR HLDGS IN CL A 32,907 New 3,354,390
BARNES & NOBLE INC COM 96,688 New 4,114,389
CST BRANDS INC COM 165,770 32,810 24.68 3,740,304
GENTIVA HEALTH SERVICES INC COM -18,675 Sold Out 0
GLOBAL EAGLE ENTMT INC COM 67,950 8,935 15.14 5,000,000
MICROSOFT CORP COM 236,650 74,131 45.61 4,980,000
NAVIENT CORP COM -111,166 Sold Out 0
OPUS BK IRVINE CALIF COM 62,523 New 2,270,265
PENNEY J C INC COM 10,200 New 1,500,000
RAYONIER ADVANCED MATLS INC COM 56,250 56,250 New 2,500,000
RAYONIER INC COM -25,237 Sold Out 0
WELLS FARGO & CO NEW COM 152,932 New 2,770,000
WESTERN UN CO COM 384,203 3,222 .85 21,608,707
AMERICAN INTL GROUP INC COM NEW 264,118 3,094 1.19 4,801,276
COVIDIEN PLC SHS 270,436 270,436 New 2,620,000
INTERXION HOLDING N.V SHS 22,057 22,057 New 820,269