ECOLAB INC

Ticker: ECL CUSIP: 278865100 Class: COM

Minneapolis Portfolio Management Group, LLC's Holding History (CIK: 0001317253)

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

Q1 2016

Shares 13,834 Value ($000) $1,543 Avg Close $95.34 Range $88.43 - $102.02

Q4 2015

Shares 13,734 Value ($000) $1,571 Avg Close $105.21 Range $98.01 - $109.49

Q3 2015

Shares 13,789 Value ($000) $1,513 Avg Close $99.79 Range $91.88 - $104.89

Q2 2015

Shares 13,789 Value ($000) $1,559 Avg Close $102.25 Range $97.79 - $105.41

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	13,834	$1,543	$95.34	$88.43 - $102.02
Q4 2015	13,734	$1,571	$105.21	$98.01 - $109.49
Q3 2015	13,789	$1,513	$99.79	$91.88 - $104.89
Q2 2015	13,789	$1,559	$102.25	$97.79 - $105.41