CLEARFIELD INC

Ticker: CLFD CUSIP: 18482P103 Class: Common Stock

Forest Hill Capital, LLC's Holding History (CIK: 0001316550)

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

Q3 2014

Shares 71,117 Value ($000) $905 Avg Close $13.92 Range $12.26 - $17.16

Q2 2014

Shares 71,117 Value ($000) $1,194 Avg Close $18.21 Range $14.05 - $25.39

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	71,117	$905	$13.92	$12.26 - $17.16
Q2 2014	71,117	$1,194	$18.21	$14.05 - $25.39