FEDERATED HERMES INC

Ticker: FHI CUSIP: 314211103 Class: CL B

Employees Retirement System of Texas's Holding History (CIK: 0001398739)

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

Q1 2015

Shares 491,900 Value ($000) $16,670 Avg Close $20.24 Range $18.36 - $21.77

Q4 2014

Shares 491,900 Value ($000) $16,198 Avg Close $18.71 Range $16.25 - $20.61

Q3 2014

Shares 491,900 Value ($000) $14,442 Avg Close $17.98 Range $16.59 - $18.96

Q2 2014

Shares 491,900 Value ($000) $15,210 Avg Close $17.29 Range $16.00 - $18.62

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	491,900	$16,670	$20.24	$18.36 - $21.77
Q4 2014	491,900	$16,198	$18.71	$16.25 - $20.61
Q3 2014	491,900	$14,442	$17.98	$16.59 - $18.96
Q2 2014	491,900	$15,210	$17.29	$16.00 - $18.62