Aberdeen Asset Management’s EPAM Systems EPAM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	$82.1M	Sell	976,464 -359,296	-27%	-$28.9M	0.27%	65
2017 Q1	$101M	Sell	1,335,760 -230,075	-15%	-$16M	0.36%	52
2016 Q4	$101M	Sell	1,565,835 -79,875	-5%	-$5.13M	0.39%	50
2016 Q3	$114M	Buy	1,645,710 +152,975	+10%	+$10.4M	0.41%	45
2016 Q2	$96M	Sell	1,492,735 -3,400	-0.2%	-$248K	0.35%	47
2016 Q1	$112M	Buy	1,496,135 +19,349	+1%	+$1.34M	0.41%	46
2015 Q4	$115M	Sell	1,476,786 -278,900	-16%	-$21.8M	0.39%	44
2015 Q3	$131M	Sell	1,755,686 -182,737	-9%	-$13.2M	0.45%	39
2015 Q2	$138M	Sell	1,938,423 -89,800	-4%	-$6.15M	0.4%	39
2015 Q1	$124M	Sell	2,028,223 -163,300	-7%	-$8.87M	0.33%	43
2014 Q4	$105M	Sell	2,191,523 -150,000	-6%	-$7.07M	0.26%	50
2014 Q3	$103M	Buy	2,341,523 +279,500	+14%	+$11.1M	0.23%	60
2014 Q2	$90.2M	Buy	2,062,023 +430,000	+26%	+$16.3M	0.19%	68
2014 Q1	$53.7M	Buy	1,632,023 +1,320,723	+424%	+$50.2M	0.15%	61
2013 Q4	$10.9M	Buy	311,300 +201,300	+183%	+$7.2M	0.03%	122
2013 Q3	$3.79M	Buy	110,000 +90,000	+450%	+$2.77M	0.01%	209
2013 Q2	$544K	Buy	+20,000	New	+$473K	﹤0.01%	520