ECOLAB INC

Ticker: ECL CUSIP: 278865100 Class: COM

Nicholas Investment Partners, LP's Holding History (CIK: 0001389574)

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

Q3 2016

Shares 25,836 Value ($000) $3,145 Avg Close $108.98 Range $105.46 - $112.42

Q2 2016

Shares 21,025 Value ($000) $2,494 Avg Close $104.92 Range $98.81 - $109.58

Q1 2016

Shares 31,954 Value ($000) $3,564 Avg Close $95.34 Range $88.43 - $102.02

Q4 2015

Shares 18,211 Value ($000) $2,083 Avg Close $105.21 Range $98.01 - $109.49

Q3 2015

Shares 18,211 Value ($000) $1,998 Avg Close $99.79 Range $91.88 - $104.89

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	25,836	$3,145	$108.98	$105.46 - $112.42
Q2 2016	21,025	$2,494	$104.92	$98.81 - $109.58
Q1 2016	31,954	$3,564	$95.34	$88.43 - $102.02
Q4 2015	18,211	$2,083	$105.21	$98.01 - $109.49
Q3 2015	18,211	$1,998	$99.79	$91.88 - $104.89