OUTFRONT Media Inc. — Director's Dealing 2014

Jul 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CBS OUTDOOR AMERICAS INC. (CBSO)
CIK: 0001579877
Period of Report: 2014-07-10

Reporting Person: REDSTONE SUMNER M (Director, 10% Owner)
Reporting Person: NATIONAL AMUSEMENTS INC /MD/ (Director, 10% Owner)
Reporting Person: CBS CORP (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-10	Common Stock	J	97000000.0000	$0.0000	Disposed	0.0000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	35710.0000	Direct

Footnotes

F1: CBS Corporation ("CBS") disposed of 97,000,000 shares of Common Stock of CBS Outdoor Americas Inc. ("CBSO Common Stock") in exchange for 44,723,131 shares of CBS Class B Common Stock ("CBS Stock") pursuant to an exchange offer to CBS stockholders. The final exchange ratio for the exchange offer was 2.1689 shares of CBSO Common Stock per share of CBS Stock accepted in the exchange offer.

F2: These securities are directly held by CBS, but may also be deemed to be beneficially owned by (1) National Amusements Inc. (NAI), which beneficially owns approximately 79.7% of CBS Corporation's voting stock and (2) Sumner M. Redstone, who is the controlling stockholder of NAI. Mr. Redstone disclaims beneficial ownership of these securities except to the extent of his pecuniary interest. Reflects the transfer of these securities to CBS from CBS Radio Media Corporation, an indirect wholly-owned subsidiary of CBS, since the last ownership report by Reporting Persons.