BOSTON BEER INC

Ticker: SAM CUSIP: 100557107 Class: CL A

FRED ALGER MANAGEMENT, LLC's Holding History (CIK: 0000003520)

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

Q1 2015

Shares 43,564 Value ($000) $11,649 Avg Close $289.79 Range $253.01 - $325.00

Q4 2014

Shares 56,612 Value ($000) $16,391 Avg Close $253.32 Range $210.03 - $299.00

Q3 2014

Shares 34,630 Value ($000) $7,680 Avg Close $223.81 Range $213.37 - $233.93

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	43,564	$11,649	$289.79	$253.01 - $325.00
Q4 2014	56,612	$16,391	$253.32	$210.03 - $299.00
Q3 2014	34,630	$7,680	$223.81	$213.37 - $233.93