FRANKLIN RESOURCES INC

Ticker: BEN CUSIP: 354613101 Class: COM

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

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

Q4 2013
Shares 192,704 Value ($000) $11,125 Avg Close $32.13 Range $29.50 - $34.55
Q3 2013
Shares 303,351 Value ($000) $15,334 Avg Close $28.71 Range $26.80 - $32.33