BAYTEX ENERGY CORP

Ticker: BTE CUSIP: 07317Q105 Class: COM

KLINGENSTEIN FIELDS & CO LP's Holding History (CIK: 0000859872)

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

Q3 2014

Shares 11,650 Value ($000) $441 Avg Close $37.50 Range $33.39 - $40.75

Q2 2014

Shares 18,500 Value ($000) $854 Avg Close $36.91 Range $35.21 - $40.61

Q1 2014

Shares 18,500 Value ($000) $761 Avg Close $32.34 Range $30.20 - $35.71

Q4 2013

Shares 18,500 Value ($000) $724 Avg Close $33.88 Range $31.96 - $35.89

Q3 2013

Shares 19,000 Value ($000) $784 Avg Close $33.58 Range $29.59 - $35.71

Q2 2013

Shares 26,249 Value ($000) $946 Avg Close $31.51 Range $28.60 - $34.64

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	11,650	$441	$37.50	$33.39 - $40.75
Q2 2014	18,500	$854	$36.91	$35.21 - $40.61
Q1 2014	18,500	$761	$32.34	$30.20 - $35.71
Q4 2013	18,500	$724	$33.88	$31.96 - $35.89
Q3 2013	19,000	$784	$33.58	$29.59 - $35.71
Q2 2013	26,249	$946	$31.51	$28.60 - $34.64