AT&T INC

Ticker: T CUSIP: 00206R102 Class: COM

BLACKHILL CAPITAL INC's Holding History (CIK: 0000872162)

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

Q3 2014

Shares 1,943 Value ($000) $68 Avg Close $11.90 Range $11.56 - $12.68

Q2 2014

Shares 1,943 Value ($000) $69 Avg Close $11.78 Range $11.32 - $12.26

Q1 2014

Shares 1,973 Value ($000) $69 Avg Close $10.85 Range $10.37 - $11.60

Q4 2013

Shares 2,598 Value ($000) $91 Avg Close $11.17 Range $10.60 - $11.82

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	1,943	$68	$11.90	$11.56 - $12.68
Q2 2014	1,943	$69	$11.78	$11.32 - $12.26
Q1 2014	1,973	$69	$10.85	$10.37 - $11.60
Q4 2013	2,598	$91	$11.17	$10.60 - $11.82