POINTS.COM INC.

Inactive Instrument

Analyst Reco. Points.com Inc. Toronto S.E.

Equities

PTS

CA73085G1090

Analyst Reco.

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Points.com Downgraded to Sector Perform at RBC	31/22/31	MT
Points.com Downgraded by RBC to Sector Perform From Outperform Amid Plusgrade Deal, Price Target Kept at $25	31/22/31	MT
Northland Capital Downgrades Points.com to Market Perform from Outperform, Sets $25 Price Target	12/22/12	MT
RBC Trims Price Target on Points.com to $25 From $26, Maintains Outperform Rating	02/22/02	MT
Barrington Research Maintains Outperform Rating, US$22 TP on Points International After Q4	12/22/12	MT
POINTS INTERNATIONAL : Northland Upgrades Points International to Outperform From Market Perform, Adjusts Price Target to $22 From $17.50	12/21/12	MT
POINTS INTERNATIONAL : RBC Lifts Price Target on Points International to $21 From $20 After Q2 Beat, Maintains Outperform Rating	12/21/12	MT
POINTS INTERNATIONAL : Barrington Research Adjusts Price Target on Points International to $22 From $18, Maintains Outperform Rating	18/21/18	MT
POINTS INTERNATIONAL : RBC Capital Upgrades Points International to Outperform, Ups TP to US$20	13/21/13	MT
POINTS INTERNATIONAL : Upgraded to Outperform at RBC	13/21/13	MT
POINTS INTERNATIONAL : RBC Upgrades Points International to Outperform From Sector Perform, Raises Price Target to $20 From $16	13/21/13	MT
POINTS INTERNATIONAL : TPH Ups Points International to US$16, Keeps Sector Perform	05/21/05	MT
POINTS INTERNATIONAL : RBC Capital Adjusts Points International PT to $16 From $12 on Q4 Results, Maintains Sector Perform Rating	04/21/04	MT
POINTS INTERNATIONAL : RBC Capital Adjusts Points International's Price Target to $12 From $13, Maintains Sector Perform Rating	12/20/12	MT

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