AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

SKBA CAPITAL MANAGEMENT LLC's Holding History (CIK: 0000932024)

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

Q1 2016

Shares 2,260 Value ($000) $203 Avg Close $67.69 Range $61.81 - $73.03

Q4 2015

Shares 3,060 Value ($000) $259 Avg Close $69.13 Range $63.10 - $72.67

Q1 2015

Shares 4,100 Value ($000) $351 Avg Close $67.89 Range $64.32 - $71.03

Q4 2014

Shares 117,650 Value ($000) $9,808 Avg Close $63.52 Range $55.18 - $68.07

Q1 2014

Shares 124,350 Value ($000) $9,607 Avg Close $52.44 Range $48.53 - $56.01

Q4 2013

Shares 98,750 Value ($000) $7,979 Avg Close $51.46 Range $46.89 - $56.22

Q3 2013

Shares 101,150 Value ($000) $7,321 Avg Close $48.32 Range $45.84 - $50.27

Q2 2013

Shares 105,250 Value ($000) $7,248 Avg Close $45.09 Range $41.94 - $47.70

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	2,260	$203	$67.69	$61.81 - $73.03
Q4 2015	3,060	$259	$69.13	$63.10 - $72.67
Q1 2015	4,100	$351	$67.89	$64.32 - $71.03
Q4 2014	117,650	$9,808	$63.52	$55.18 - $68.07
Q1 2014	124,350	$9,607	$52.44	$48.53 - $56.01
Q4 2013	98,750	$7,979	$51.46	$46.89 - $56.22
Q3 2013	101,150	$7,321	$48.32	$45.84 - $50.27
Q2 2013	105,250	$7,248	$45.09	$41.94 - $47.70