DONEGAL GROUP INC

Ticker: DGICB CUSIP: 257701300 Class: CL B

Invesco Ltd.'s Holding History (CIK: 0000914208)

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

Q4 2014
Shares 1,355 Value ($000) $29 Avg Close $14.87 Range $13.72 - $15.60
Q3 2014
Shares 1,289 Value ($000) $30 Avg Close $15.10 Range $13.63 - $16.12
Q2 2014
Shares 1,259 Value ($000) $26 Avg Close $15.32 Range $11.81 - $17.87
Q1 2014
Shares 1,259 Value ($000) $31 Avg Close $15.64 Range $13.61 - $16.75
Q4 2013
Shares 1,132 Value ($000) $27 Avg Close $14.22 Range $12.24 - $16.66
Q3 2013
Shares 1,048 Value ($000) $20 Avg Close $12.68 Range $11.47 - $15.32
Q2 2013
Shares 940 Value ($000) $20 Avg Close $13.65 Range $12.00 - $17.66