ASHFORD HOSPITALITY TR INC

CUSIP: 044103505 Class: 9% CUM PFD SER E

LAKEWOOD CAPITAL MANAGEMENT, LP's Holding History (CIK: 0001424381)

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

Q2 2016
Shares 47,135 Value ($000) $1,211 Avg Close — Range —
Q1 2016
Shares 47,135 Value ($000) $1,127 Avg Close — Range —
Q4 2015
Shares 47,135 Value ($000) $1,195 Avg Close — Range —
Q3 2015
Shares 47,135 Value ($000) $1,212 Avg Close — Range —
Q2 2015
Shares 47,135 Value ($000) $1,241 Avg Close — Range —
Q1 2015
Shares 47,135 Value ($000) $1,254 Avg Close — Range —
Q4 2014
Shares 47,135 Value ($000) $1,248 Avg Close — Range —
Q3 2014
Shares 47,135 Value ($000) $1,282 Avg Close — Range —
Q2 2014
Shares 47,135 Value ($000) $1,299 Avg Close — Range —
Q1 2014
Shares 47,135 Value ($000) $1,273 Avg Close — Range —
Q4 2013
Shares 47,135 Value ($000) $1,250 Avg Close — Range —
Q3 2013
Shares 47,135 Value ($000) $1,224 Avg Close — Range —
Q2 2013
Shares 47,135 Value ($000) $1,264 Avg Close — Range —