ECOLAB INC

Ticker: ECL CUSIP: 278865100 Class: COM

TOEWS CORP /ADV's Holding History (CIK: 0000932000)

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

Q1 2020

Shares 4,900 Value ($000) $764 Avg Close $176.33 Range $117.17 - $198.13

Q4 2018

Shares 7,700 Value ($000) $1,135 Avg Close $141.48 Range $126.10 - $150.86

Q2 2018

Shares 2,900 Value ($000) $407 Avg Close $132.91 Range $122.30 - $138.58

Q1 2018

Shares 8,600 Value ($000) $1,179 Avg Close $123.54 Range $115.47 - $129.02

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	4,900	$764	$176.33	$117.17 - $198.13
Q4 2018	7,700	$1,135	$141.48	$126.10 - $150.86
Q2 2018	2,900	$407	$132.91	$122.30 - $138.58
Q1 2018	8,600	$1,179	$123.54	$115.47 - $129.02