CATERPILLAR INC

Ticker: CAT CUSIP: 149123101 Class: COM

Matthew 25 Management Corp's Holding History (CIK: 0001351431)

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

Q4 2014

Shares 390,500 Value ($000) $35,742 Avg Close $73.34 Range $66.42 - $80.82

Q3 2014

Shares 333,000 Value ($000) $32,977 Avg Close $79.29 Range $73.57 - $83.32

Q2 2014

Shares 327,500 Value ($000) $35,589,425 Avg Close $78.02 Range $73.19 - $81.73

Q1 2014

Shares 320,000 Value ($000) $31,798,400 Avg Close $69.69 Range $63.53 - $74.44

Q4 2013

Shares 315,000 Value ($000) $28,605,150 Avg Close $62.67 Range $60.17 - $67.37

Q3 2013

Shares 295,500 Value ($000) $24,644,700 Avg Close $61.64 Range $58.99 - $64.50

Q2 2013

Shares 332,500 Value ($000) $27,428 Avg Close $61.55 Range $57.61 - $65.73

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	390,500	$35,742	$73.34	$66.42 - $80.82
Q3 2014	333,000	$32,977	$79.29	$73.57 - $83.32
Q2 2014	327,500	$35,589,425	$78.02	$73.19 - $81.73
Q1 2014	320,000	$31,798,400	$69.69	$63.53 - $74.44
Q4 2013	315,000	$28,605,150	$62.67	$60.17 - $67.37
Q3 2013	295,500	$24,644,700	$61.64	$58.99 - $64.50
Q2 2013	332,500	$27,428	$61.55	$57.61 - $65.73