COGENT COMMUNICATIONS HLDGS

Ticker: CCOI CUSIP: 19239V302 Class: Common Stock

VAN DEN BERG MANAGEMENT I, INC's Holding History (CIK: 0001142062)

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

Q4 2014

Shares 355,836 Value ($000) $12,593 Avg Close $19.46 Range $17.19 - $21.00

Q3 2014

Shares 370,015 Value ($000) $12,436 Avg Close $19.66 Range $18.35 - $21.27

Q2 2014

Shares 373,648 Value ($000) $12,910 Avg Close $20.24 Range $18.87 - $21.66

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	355,836	$12,593	$19.46	$17.19 - $21.00
Q3 2014	370,015	$12,436	$19.66	$18.35 - $21.27
Q2 2014	373,648	$12,910	$20.24	$18.87 - $21.66