CHOU ASSOCIATES MANAGEMENT INC. Information

110 SHEPPARD AVENUE EAST, TORONTO, , M2N 6Y8, (416) 214-0675

Report Date: 06/30/2014

Position Statistics

Total Positions 26
New Positions 2
Increased Positions 2
Decreased Positions 4
Positions with Activity 6
Sold Out Positions 3
Total Mkt Value (in $ millions) 402

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

Sector Weighting

Basic Materials 17.93%
Capital Goods 0.12%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy 0.12%
Financial 51.31%
Healthcare 6.13%
Services 9.22%
Technology 12.17%
Transportation 0.24%
Utilities

26 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
UTSTARCOM HOLDINGS CORP SHS NEW 369 New 113,627
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 181 New 5,454
VERIZON COMMUNICATIONS INC COM 132 New 2,630
ACTAVIS PLC SHS -8,560 Sold Out 0
GLAXOSMITHKLINE PLC SPONSORED ADR -853 Sold Out 0
JPMORGAN CHASE & CO WT EXP 102818 -22,944 Sold Out 0