CATERPILLAR INC

Ticker: CAT CUSIP: 149123101 Class: COM

Cutler Capital Management, LLC's Holding History (CIK: 0001353098)

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

Q1 2015

Shares 2,000 Value ($000) $160 Avg Close $63.13 Range $59.48 - $69.69

Q1 2014

Shares 2,500 Value ($000) $248 Avg Close $69.69 Range $63.53 - $74.44

Q4 2013

Shares 6,500 Value ($000) $590 Avg Close $62.67 Range $60.17 - $67.37

Q3 2013

Shares 6,500 Value ($000) $542 Avg Close $61.64 Range $58.99 - $64.50

Q2 2013

Shares 5,000 Value ($000) $412 Avg Close $61.55 Range $57.61 - $65.73

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	2,000	$160	$63.13	$59.48 - $69.69
Q1 2014	2,500	$248	$69.69	$63.53 - $74.44
Q4 2013	6,500	$590	$62.67	$60.17 - $67.37
Q3 2013	6,500	$542	$61.64	$58.99 - $64.50
Q2 2013	5,000	$412	$61.55	$57.61 - $65.73