ARCHER DANIELS MIDLAND CO

Ticker: ADM CUSIP: 039483102 Class: COM

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

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

Q3 2014

Shares 143,121 Value ($000) $7,313 Avg Close $35.26 Range $31.66 - $37.73

Q2 2014

Shares 351,500 Value ($000) $15,505 Avg Close $31.61 Range $29.76 - $32.55

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	143,121	$7,313	$35.26	$31.66 - $37.73
Q2 2014	351,500	$15,505	$31.61	$29.76 - $32.55