DOLBY LABORATORIES INC

Ticker: DLB CUSIP: 25659T107 Class: Common Stock

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

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

Q1 2014

Shares 110,700 Value ($000) $4,926 Avg Close $36.24 Range $32.80 - $38.96

Q4 2013

Shares 112,320 Value ($000) $4,331 Avg Close $31.02 Range $29.66 - $33.55

Q3 2013

Shares 116,135 Value ($000) $4,008 Avg Close $28.66 Range $26.74 - $30.36

Q2 2013

Shares 116,750 Value ($000) $3,905 Avg Close $28.91 Range $26.86 - $30.96

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	110,700	$4,926	$36.24	$32.80 - $38.96
Q4 2013	112,320	$4,331	$31.02	$29.66 - $33.55
Q3 2013	116,135	$4,008	$28.66	$26.74 - $30.36
Q2 2013	116,750	$3,905	$28.91	$26.86 - $30.96