CELLCOM ISRAEL LTD

Ticker: CELJF CUSIP: M2196U109 Class: Common Stock

TWO SIGMA INVESTMENTS, LP's Holding History (CIK: 0001179392)

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

Q2 2015

Shares 45,705 Value ($000) $175 Avg Close $4.36 Range $3.78 - $5.20

Q1 2015

Shares 73,811 Value ($000) $354 Avg Close $5.73 Range $4.75 - $8.56

Q4 2014

Shares 47,542 Value ($000) $411 Avg Close $9.76 Range $8.49 - $11.26

Q2 2014

Shares 12,509 Value ($000) $151 Avg Close $13.11 Range $12.00 - $13.95

Q1 2014

Shares 22,200 Value ($000) $305 Avg Close $12.88 Range $11.62 - $13.95

Q4 2013

Shares 42,654 Value ($000) $594 Avg Close $12.55 Range $10.95 - $14.07

Q3 2013

Shares 34,806 Value ($000) $384 Avg Close $10.54 Range $8.78 - $11.67

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	45,705	$175	$4.36	$3.78 - $5.20
Q1 2015	73,811	$354	$5.73	$4.75 - $8.56
Q4 2014	47,542	$411	$9.76	$8.49 - $11.26
Q2 2014	12,509	$151	$13.11	$12.00 - $13.95
Q1 2014	22,200	$305	$12.88	$11.62 - $13.95
Q4 2013	42,654	$594	$12.55	$10.95 - $14.07
Q3 2013	34,806	$384	$10.54	$8.78 - $11.67