E-L Financial Corp.

Ticker: ELFIF CUSIP: 268575107 Class: COM

Zuckerman Investment Group, LLC's Holding History (CIK: 0001423296)

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

Q4 2014
Shares 4,043 Value ($000) $2,373 Avg Close $4.00 Range $3.68 - $4.13
Q3 2014
Shares 4,132 Value ($000) $2,545 Avg Close $4.32 Range $4.13 - $4.40
Q2 2014
Shares 23,362 Value ($000) $15,344 Avg Close $4.31 Range $3.99 - $4.49
Q1 2014
Shares 23,669 Value ($000) $15,077 Avg Close $4.30 Range $4.05 - $4.63
Q4 2013
Shares 23,750 Value ($000) $15,865 Avg Close $4.19 Range $3.72 - $4.61
Q3 2013
Shares 21,905 Value ($000) $13,418 Avg Close $3.79 Range $3.56 - $4.03
Q2 2013
Shares 22,014 Value ($000) $12,926 Avg Close $3.31 Range $2.70 - $3.73
Q1 2013
Shares 21,488 Value ($000) $10,797 Avg Close $2.95 Range $2.59 - $3.10
Q4 2012
Shares 18,886 Value ($000) $8,251 Avg Close — Range —
Q3 2012
Shares 16,040 Value ($000) $6,823 Avg Close — Range —
Q2 2012
Shares 14,427 Value ($000) $5,715 Avg Close — Range —
Q1 2012
Shares 14,404 Value ($000) $5,490 Avg Close — Range —