EDUCATION MGMT CORP NEW

Ticker: EDMCQ CUSIP: 28140M103 Class: COM

DEUTSCHE BANK AG\'s Holding History (CIK: 0000948046)

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

Q3 2014

Shares 34,860 Value ($000) $37 Avg Close $1.38 Range $1.00 - $1.86

Q2 2014

Shares 29,949 Value ($000) $50 Avg Close $2.69 Range $1.60 - $4.96

Q1 2014

Shares 13,951 Value ($000) $67 Avg Close $6.96 Range $4.55 - $10.95

Q4 2013

Shares 17,822 Value ($000) $179 Avg Close $11.73 Range $9.11 - $16.94

Q3 2013

Shares 41,631 Value ($000) $378 Avg Close $7.60 Range $5.60 - $9.19

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	34,860	$37	$1.38	$1.00 - $1.86
Q2 2014	29,949	$50	$2.69	$1.60 - $4.96
Q1 2014	13,951	$67	$6.96	$4.55 - $10.95
Q4 2013	17,822	$179	$11.73	$9.11 - $16.94
Q3 2013	41,631	$378	$7.60	$5.60 - $9.19