EDUCATION REALTY TRUST INC

CUSIP: 28140h104 Class: com

CAPITAL MANAGEMENT ASSOCIATES /NY/'s Holding History (CIK: 0000825293)

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

Q2 2014
Shares 46,375 Value ($000) $498 Avg Close — Range —
Q1 2014
Shares 51,175 Value ($000) $505 Avg Close — Range —
Q4 2013
Shares 53,175 Value ($000) $469 Avg Close — Range —