BOSTON PROPERTIES INC

Ticker: BXP CUSIP: 101121101 Class: EQTY

DELPHI MANAGEMENT INC /MA/'s Holding History (CIK: 0000767684)

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

Q1 2016

Shares 19,663 Value ($000) $2,499 Avg Close $79.42 Range $71.77 - $85.92

Q4 2015

Shares 16,625 Value ($000) $2,120 Avg Close $82.11 Range $76.89 - $86.99

Q3 2015

Shares 69,015 Value ($000) $8,171 Avg Close $78.38 Range $62.21 - $83.35

Q1 2013

Shares 45,740 Value ($000) $4,622 Avg Close $61.77 Range $58.84 - $64.20

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	19,663	$2,499	$79.42	$71.77 - $85.92
Q4 2015	16,625	$2,120	$82.11	$76.89 - $86.99
Q3 2015	69,015	$8,171	$78.38	$62.21 - $83.35
Q1 2013	45,740	$4,622	$61.77	$58.84 - $64.20