AMREP CORP

Ticker: AXR CUSIP: 032159105 Class: COM

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

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

Q2 2015

Shares 13,188 Value ($000) $67 Avg Close $5.13 Range $4.95 - $5.37

Q1 2015

Shares 13,188 Value ($000) $68 Avg Close $4.70 Range $3.60 - $5.68

Q2 2014

Shares 29,688 Value ($000) $182 Avg Close $5.55 Range $3.79 - $6.98

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	13,188	$67	$5.13	$4.95 - $5.37
Q1 2015	13,188	$68	$4.70	$3.60 - $5.68
Q2 2014	29,688	$182	$5.55	$3.79 - $6.98