ValueAct Holdings

ValueAct Holdings as of Dec. 31, 2012

Portfolio Holdings for ValueAct Holdings

ValueAct Holdings holds 0 positions in its portfolio as reported in the December 2012 quarterly 13F filing

                FORM 13F INFORMATION TABLE                                                Voting Authority
                                                                                                             ----------------------
                                                        Value      Shares/     Sh/  Put/   Invstmt  Other
Name of Issuer              Title of Class   CUSIP    (x$1000)     Prn Amt     Prn  Call   Dscretn  Managers    Sole    Shared None
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{S}                              {C}         {C}         {C}         {C}       {C}   {C}     {C}       {C}       {C}     {C}    {C}
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ADOBE SYSTEMS INC               COM       00724F101  1,179,511   31,303,362    SH           Sole        1     31,303,362
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AUTODESK INC                    COM       052769106    364,682   10,316,335    SH           Sole        1     10,316,335
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BARD C R INC                    COM       067383109    418,385    4,280,594    SH           Sole        1      4,280,594
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CBRE GROUP INC                  COM       12504L109    636,800   32,000,000    SH           Sole        1     32,000,000
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GARDNER DENVER INC              COM       365558105    171,781    2,507,750    SH           Sole        1      2,507,750
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HALLIBURTON CO                  COM       406216101    444,774   12,821,400    SH           Sole        1     12,821,400
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INTERCONTINENTALEXCHANGE INC    COM       45865V100     24,762      200,000    SH           Sole        1        200,000
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KAR AUCTION SVCS INC            COM       48238T109     16,265      803,628    SH           Sole        1        803,628
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MOODYS CORP                     COM       615369105    756,515   15,034,073    SH           Sole        1     15,034,073
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MOTOROLA SOLUTIONS INC          COM NEW   620076307  1,609,576   28,907,623    SH           Sole        1     28,907,623
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MSCI INC                        COM       55354G100    190,874    6,159,213    SH           Sole        1      6,159,213
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ROCKWELL COLLINS INC            COM       774341101    613,280   10,542,900    SH           Sole        1     10,542,900
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VALEANT PHARMACEUTICALS INTL    COM       91911K102  1,049,519   17,559,302    SH           Sole        1     17,559,302
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WILLIS GROUP HOLDINGS PUBLIC    SHS       G96666105    378,409   11,285,690    SH           Sole        1     11,285,690
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