FIVE POINT HOLDINGS LLC

Ticker: FPH CUSIP: 33833Q106 Class: COM CL A

Philadelphia Financial Management of San Francisco, LLC's Holding History (CIK: 0001351407)

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

Q1 2018

Shares 1,177,186 Value ($000) $16,787 Avg Close $14.06 Range $12.38 - $15.04

Q4 2017

Shares 2,304,931 Value ($000) $32,500 Avg Close $13.62 Range $12.00 - $14.75

Q3 2017

Shares 2,027,300 Value ($000) $27,652 Avg Close $14.12 Range $13.00 - $15.45

Q2 2017

Shares 1,600,832 Value ($000) $23,628 Avg Close $15.23 Range $14.01 - $16.74

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	1,177,186	$16,787	$14.06	$12.38 - $15.04
Q4 2017	2,304,931	$32,500	$13.62	$12.00 - $14.75
Q3 2017	2,027,300	$27,652	$14.12	$13.00 - $15.45
Q2 2017	1,600,832	$23,628	$15.23	$14.01 - $16.74