AYER CAPITAL MANAGEMENT, LP Information

230 CALIFORNIA, SUITE 600, SAN FRANCISCO, California, 94111, (415) 874-4800

Report Date: 12/31/2013

Position Statistics

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

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
Healthcare 0%
Services
Technology
Transportation
Utilities

2 Activity Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▲ Change in Value ($1,000s) Change (%) Shares Held
CELGENE CORP CONTIN VAL RT -3,850 Sold Out 0
PTC THERAPEUTICS INC COM 6,423 -3,789 (37.1) 262,069