BERKLEY W R CORP

Ticker: WRB CUSIP: 084423102 Class: COM

KELLY LAWRENCE W & ASSOCIATES INC/CA's Holding History (CIK: 0000920441)

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

Q4 2014

Shares 180 Value ($000) $9 Avg Close $11.66 Range $10.70 - $12.41

Q2 2014

Shares 240 Value ($000) $11 Avg Close $9.99 Range $9.23 - $10.58

Q1 2014

Shares 440 Value ($000) $18 Avg Close $9.26 Range $8.59 - $9.84

Q4 2013

Shares 240 Value ($000) $10 Avg Close $9.82 Range $9.49 - $10.19

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	180	$9	$11.66	$10.70 - $12.41
Q2 2014	240	$11	$9.99	$9.23 - $10.58
Q1 2014	440	$18	$9.26	$8.59 - $9.84
Q4 2013	240	$10	$9.82	$9.49 - $10.19