ABRAMS CAPITAL MANAGEMENT, L.P. Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 15
New Positions 2
Increased Positions 4
Decreased Positions 2
Positions with Activity 6
Sold Out Positions 0
Total Mkt Value (in $ millions) 1,903

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

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial 23.7%
Healthcare 11.42%
Services 38.17%
Technology 14.8%
Transportation
Utilities

15 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▲ Change in Value ($1,000s) Change (%) Shares Held
PENNEY J C INC COM 13,035 New 1,500,000
MONEYGRAM INTL INC COM NEW 19,869 19,869 New 2,313,090
RAYONIER ADVANCED MATLS INC COM 37,167 -1,058 (2.77) 2,430,800
CLEAR CHANNEL OUTDOOR HLDGS IN CL A 37,972 New 3,354,390
DIRECTV COM 61,219 61,219 New 700,000
GLOBAL EAGLE ENTMT INC COM 69,275 New 5,000,000
OPUS BK IRVINE CALIF COM 71,468 New 2,270,265
INTERXION HOLDING N.V SHS 71,748 46,681 186.22 2,347,788
BARNES & NOBLE INC COM 96,729 New 4,114,389
CST BRANDS INC COM 117,974 -47,497 (28.7) 2,666,680
WELLS FARGO & CO NEW COM 151,824 New 2,770,000
MICROSOFT CORP COM 209,957 New 4,980,000
MEDTRONIC PLC SHS 217,212 24,298 12.60 2,820,200
AMERICAN INTL GROUP INC COM NEW 279,242 New 4,801,276
WESTERN UN CO COM 448,165 New 21,608,707