FOSSIL GROUP INC

Ticker: FOSL CUSIP: 34988V106 Class: Stock

MERITAGE PORTFOLIO MANAGEMENT's Holding History (CIK: 0000881432)

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

Q1 2014

Shares 25,473 Value ($000) $2,969 Avg Close $116.53 Range $106.91 - $125.00

Q4 2013

Shares 25,237 Value ($000) $3,027 Avg Close $123.42 Range $113.14 - $134.99

Q3 2013

Shares 26,402 Value ($000) $3,069 Avg Close $114.29 Range $103.17 - $129.25

Q2 2013

Shares 25,597 Value ($000) $2,644 Avg Close $101.05 Range $89.50 - $110.44

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	25,473	$2,969	$116.53	$106.91 - $125.00
Q4 2013	25,237	$3,027	$123.42	$113.14 - $134.99
Q3 2013	26,402	$3,069	$114.29	$103.17 - $129.25
Q2 2013	25,597	$2,644	$101.05	$89.50 - $110.44