PHIBRO ANIMAL HEALTH CORP

Ticker: PAHC CUSIP: 71742Q106 Class: Common Stock

AXIOM INVESTORS LLC /DE's Holding History (CIK: 0001109147)

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

Q1 2015

Shares 68,005 Value ($000) $2,408 Avg Close $32.20 Range $26.95 - $37.56

Q4 2014

Shares 94,130 Value ($000) $2,970 Avg Close $27.66 Range $21.01 - $33.89

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	68,005	$2,408	$32.20	$26.95 - $37.56
Q4 2014	94,130	$2,970	$27.66	$21.01 - $33.89