AVERY DENNISON CORP

Ticker: AVY CUSIP: 053611109 Class: COM

Vulcan Value Partners, LLC's Holding History (CIK: 0001556785)

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

Q4 2014

Shares 353,019 Value ($000) $18,315 Avg Close $38.42 Range $32.74 - $43.00

Q3 2014

Shares 338,709 Value ($000) $15,513 Avg Close $39.08 Range $35.87 - $41.51

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	353,019	$18,315	$38.42	$32.74 - $43.00
Q3 2014	338,709	$15,513	$39.08	$35.87 - $41.51