BLACKBAUD INC

Ticker: BLKB CUSIP: 09227Q100 Class: Common Stock

GENERATION INVESTMENT MANAGEMENT LLP's Holding History (CIK: 0001375534)

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

Q3 2013

Shares 1,255,698 Value ($000) $49,022 Avg Close $33.82 Range $30.79 - $37.98

Q2 2013

Shares 3,059,248 Value ($000) $99,640 Avg Close $28.65 Range $26.09 - $32.59

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	1,255,698	$49,022	$33.82	$30.79 - $37.98
Q2 2013	3,059,248	$99,640	$28.65	$26.09 - $32.59