13D Filing: Elliott Associates, L.P. and Akamai Technologies Inc (AKAM)

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Item 5. INTEREST IN SECURITIES OF THE ISSUER

(a)
As of the close of business on December 14, 2017, Elliott, Elliott International and EICA collectively have
combined economic exposure in the Issuer of approximately 6.5% of the shares of Common Stock outstanding.

 

The
aggregate percentage of Common Stock reported owned by each person named herein is based upon 169,151,738 shares of Common Stock
outstanding, which is the total number of shares of Common Stock outstanding as of November 6, 2017 as reported in the Issuer’s
Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2017, filed with the Securities and Exchange Commission
(the “SEC“) on November 8, 2017.

As of the close of business on December 14, 2017, Elliott beneficially owned 1,620,436 shares of Common Stock,
including 980,436 shares of Common Stock underlying Physical
Derivative Agreements that Elliott may be deemed to beneficially own upon satisfaction of certain conditions, constituting 1.0%
of the shares of Common Stock outstanding.

As of the close of business on December 14, 2017, Elliott International beneficially owned 3,443,425 shares
of Common Stock, including 2,083,425 shares of Common
Stock underlying Physical Derivative Agreements that Elliott International may be deemed to beneficially own upon satisfaction
of certain conditions, constituting 2.0% of the shares of Common Stock outstanding. EICA, as the investment manager of Elliott
International may be deemed to beneficially own the 3,443,425 shares of Common Stock beneficially owned by Elliott International,
constituting 2.0% of the shares of Common Stock outstanding.

Collectively, Elliott, Elliott International and EICA beneficially own 5,063,861 shares of Common Stock, constituting
approximately 3.0% of the shares of Common Stock outstanding.

Collectively,
Elliott, Elliott International and EICA have economic exposure comparable to approximately 3.5% of the shares of Common Stock outstanding
pursuant to the Cash Derivative Agreements, as disclosed in Item 6.

(b)
Elliott has the power to vote or direct the vote of, and to dispose or direct the disposition of the shares of Common Stock
owned directly by it.

Elliott
International has the shared power with EICA to vote or direct the vote of, and to dispose or direct the disposition of, the shares
of Common Stock owned directly by Elliott International. Information regarding each of Elliott International and EICA is set forth
in Item 2 of this Schedule 13D and is expressly incorporated by reference herein.

(c)                 The transactions effected by the Reporting Persons during the past 60 days are set forth on Schedule 1 attached hereto.

(d)
No person other than Elliott has the right to receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, the shares of Common Stock beneficially owned by Elliott.

No
person other than Elliott International and EICA has the right to receive or the power to direct the receipt of dividends from,
or the proceeds from the sale of, the shares of Common Stock beneficially owned by Elliott International and EICA.

(e)                 Not applicable.

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