AMERISAFE INC

Ticker: AMSF CUSIP: 03071H100 Class: Common Stock

Rafferty Asset Management, LLC's Holding History (CIK: 0001389426)

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

Q4 2015

Shares 7,488 Value ($000) $392 Avg Close $23.32 Range $21.35 - $25.08

Q2 2015

Shares 9,427 Value ($000) $444 Avg Close $19.64 Range $18.07 - $21.17

Q1 2015

Shares 4,767 Value ($000) $220 Avg Close $18.39 Range $17.18 - $20.39

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	7,488	$392	$23.32	$21.35 - $25.08
Q2 2015	9,427	$444	$19.64	$18.07 - $21.17
Q1 2015	4,767	$220	$18.39	$17.18 - $20.39