AAR CORP

Ticker: AIR CUSIP: 000361105 Class: COM

LEUTHOLD GROUP, LLC's Holding History (CIK: 0001170152)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 92,066 Value ($000) $2,223 Avg Close $25.66 Range $22.86 - $27.50

Q2 2014

Shares 94,459 Value ($000) $2,603 Avg Close $24.44 Range $22.41 - $26.54

Q1 2014

Shares 94,529 Value ($000) $2,453 Avg Close $26.25 Range $23.85 - $29.57

Q4 2013

Shares 95,626 Value ($000) $2,678 Avg Close $27.40 Range $24.34 - $29.62

Q3 2013

Shares 79,065 Value ($000) $2,161 Avg Close $23.91 Range $20.57 - $28.10

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	92,066	$2,223	$25.66	$22.86 - $27.50
Q2 2014	94,459	$2,603	$24.44	$22.41 - $26.54
Q1 2014	94,529	$2,453	$26.25	$23.85 - $29.57
Q4 2013	95,626	$2,678	$27.40	$24.34 - $29.62
Q3 2013	79,065	$2,161	$23.91	$20.57 - $28.10