BROWN FORMAN CORP

Ticker: BF/B CUSIP: 115637209 Class: CL B

Park Avenue Institutional Advisers LLC's Holding History (CIK: 0001640801)

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

Q2 2016

Shares 641 Value ($000) $64 Avg Close $32.53 Range $31.15 - $34.18

Q1 2016

Shares 641 Value ($000) $63 Avg Close $32.37 Range $30.15 - $34.63

Q4 2015

Shares 659 Value ($000) $65 Avg Close $34.83 Range $32.26 - $36.42

Q3 2015

Shares 706 Value ($000) $68 Avg Close $33.91 Range $31.47 - $36.95

Q2 2015

Shares 1,051 Value ($000) $105 Avg Close $31.49 Range $29.40 - $34.07

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	641	$64	$32.53	$31.15 - $34.18
Q1 2016	641	$63	$32.37	$30.15 - $34.63
Q4 2015	659	$65	$34.83	$32.26 - $36.42
Q3 2015	706	$68	$33.91	$31.47 - $36.95
Q2 2015	1,051	$105	$31.49	$29.40 - $34.07