DONEGAL GROUP INC

Ticker: DGICA CUSIP: 257701201 Class: Common Stock

CHELSEA COUNSEL CO's Holding History (CIK: 0001276755)

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

Q1 2016

Shares 31,937 Value ($000) $459 Avg Close $9.37 Range $8.29 - $9.90

Q4 2015

Shares 42,263 Value ($000) $595 Avg Close $9.12 Range $8.52 - $9.71

Q3 2015

Shares 37,702 Value ($000) $530 Avg Close $9.32 Range $8.70 - $9.93

Q2 2015

Shares 34,721 Value ($000) $529 Avg Close $9.68 Range $9.16 - $10.16

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	31,937	$459	$9.37	$8.29 - $9.90
Q4 2015	42,263	$595	$9.12	$8.52 - $9.71
Q3 2015	37,702	$530	$9.32	$8.70 - $9.93
Q2 2015	34,721	$529	$9.68	$9.16 - $10.16