AVERY DENNISON CORP

Ticker: AVY CUSIP: 053611109 Class: COM

Palisades Investment Partners, LLC's Holding History (CIK: 0001427373)

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

Q2 2014

Shares 6,800 Value ($000) $348,500,000 Avg Close $39.53 Range $37.11 - $41.56

Q1 2014

Shares 11,300 Value ($000) $572,571 Avg Close $39.54 Range $36.58 - $41.44

Q4 2013

Shares 16,200 Value ($000) $801 Avg Close $37.09 Range $33.03 - $40.24

Q3 2013

Shares 21,200 Value ($000) $923 Avg Close $34.67 Range $33.27 - $36.67

Q2 2013

Shares 21,200 Value ($000) $907 Avg Close $33.15 Range $30.81 - $34.85

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	6,800	$348,500,000	$39.53	$37.11 - $41.56
Q1 2014	11,300	$572,571	$39.54	$36.58 - $41.44
Q4 2013	16,200	$801	$37.09	$33.03 - $40.24
Q3 2013	21,200	$923	$34.67	$33.27 - $36.67
Q2 2013	21,200	$907	$33.15	$30.81 - $34.85