EMERGENT BIOSOLUTIONS INC

Ticker: EBS CUSIP: 29089Q105 Class: Common Stock

DENALI ADVISORS LLC's Holding History (CIK: 0001142941)

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

Q3 2015

Shares 17,300 Value ($000) $493 Avg Close $32.95 Range $27.82 - $36.20

Q2 2015

Shares 86,600 Value ($000) $2,853 Avg Close $31.00 Range $28.33 - $33.84

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	17,300	$493	$32.95	$27.82 - $36.20
Q2 2015	86,600	$2,853	$31.00	$28.33 - $33.84