CLEARWATER PAPER CORP

Ticker: CLW CUSIP: 18538R103 Class: Common Stock

Cambria Investment Management, L.P.'s Holding History (CIK: 0001529389)

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

Q2 2015

Shares 37,405 Value ($000) $2,143 Avg Close $61.74 Range $55.93 - $67.99

Q1 2015

Shares 37,145 Value ($000) $2,426 Avg Close $66.57 Range $58.43 - $75.69

Q4 2014

Shares 35,325 Value ($000) $2,422 Avg Close $66.59 Range $60.20 - $71.58

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	37,405	$2,143	$61.74	$55.93 - $67.99
Q1 2015	37,145	$2,426	$66.57	$58.43 - $75.69
Q4 2014	35,325	$2,422	$66.59	$60.20 - $71.58