DONEGAL GROUP INC

Ticker: DGICA CUSIP: 257701201 Class: Common Stock

Parallax Volatility Advisers, L.P.'s Holding History (CIK: 0001521001)

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

Q4 2017

Shares 1,554 Value ($000) $27 Avg Close $11.93 Range $11.02 - $12.80

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	1,554	$27	$11.93	$11.02 - $12.80