APPALOOSA MANAGEMENT LP

Q1 2015 13F Holdings Report, Options Holdings

Signature - Title
Michael L Palmer - CFO
Location
Miami Beach, FL
Options holdings as of
31 Mar 2015
Notional value
$1,483,352,000
Number of holdings
4
Filing time
15 May 2015, 16:01:19 UTC
Description
All US holdings of this investor are reported in this report.
Previous filing
Q4 2014 - 13 Feb 2015
Next filing
Q2 2015 - 14 Aug 2015
Stock holdings
Showing options holdings, see here for stock holdings
Sym Company Class Option Share Change Activity * Price $ Shares Notional Value
Filing 2015 Q1 compared to 2014 Q4 by default. Changes are calculated vs the previous SEC filing.
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name Title City, State Date
Michael L Palmer CFO Short Hills, New Jersey 15 May 2015

The Value displayed in the attached table for (1) PowerShares QQQ Trust Call Option,(2) SPDR S&P 500 ETF Trust Call Option,(3) General Motors Co Call Options and (4) Google Inc CL C Call Options assumes that the call options have been fully exercised. Accordingly, the Value displayed for each security reflects the value of the underlying shares and not the value of the call options.