BLACK HILLS CORP

Ticker: BKH CUSIP: 092113109 Class: COM

EagleClaw Capital Managment, LLC's Holding History (CIK: 0001607636)

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

Q1 2015

Shares 4,501 Value ($000) $226 Avg Close $34.02 Range $32.42 - $35.85

Q4 2014

Shares 4,501 Value ($000) $239 Avg Close $35.24 Range $31.42 - $38.13

Q3 2014

Shares 6,110 Value ($000) $293 Avg Close $35.67 Range $31.93 - $41.13

Q2 2014

Shares 6,610 Value ($000) $406 Avg Close $38.31 Range $36.56 - $40.65

Q1 2014

Shares 6,610 Value ($000) $381 Avg Close $36.15 Range $33.35 - $38.82

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	4,501	$226	$34.02	$32.42 - $35.85
Q4 2014	4,501	$239	$35.24	$31.42 - $38.13
Q3 2014	6,110	$293	$35.67	$31.93 - $41.13
Q2 2014	6,610	$406	$38.31	$36.56 - $40.65
Q1 2014	6,610	$381	$36.15	$33.35 - $38.82