AVERY DENNISON CORP

Ticker: AVY CUSIP: 053611109 Class: COM

Cambria Investment Management, L.P.'s Holding History (CIK: 0001529389)

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

Q1 2016

Shares 32,660 Value ($000) $2,355 Avg Close $53.99 Range $47.51 - $60.83

Q4 2015

Shares 35,990 Value ($000) $2,255 Avg Close $52.41 Range $46.73 - $55.49

Q3 2015

Shares 38,321 Value ($000) $2,168 Avg Close $49.76 Range $44.07 - $53.33

Q2 2015

Shares 47,978 Value ($000) $2,924 Avg Close $47.65 Range $41.67 - $51.97

Q1 2015

Shares 47,645 Value ($000) $2,521 Avg Close $43.09 Range $41.14 - $44.48

Q4 2014

Shares 45,314 Value ($000) $2,351 Avg Close $38.42 Range $32.74 - $43.00

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	32,660	$2,355	$53.99	$47.51 - $60.83
Q4 2015	35,990	$2,255	$52.41	$46.73 - $55.49
Q3 2015	38,321	$2,168	$49.76	$44.07 - $53.33
Q2 2015	47,978	$2,924	$47.65	$41.67 - $51.97
Q1 2015	47,645	$2,521	$43.09	$41.14 - $44.48
Q4 2014	45,314	$2,351	$38.42	$32.74 - $43.00