FUEL TECH INC

Ticker: FTEK CUSIP: 359523107 Class: COM

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q3 2014

Shares 31,600 Value ($000) $134 Avg Close $4.78 Range $4.10 - $5.68

Q2 2014

Shares 31,600 Value ($000) $178 Avg Close $5.62 Range $4.96 - $6.77

Q1 2014

Shares 31,600 Value ($000) $158 Avg Close $6.44 Range $4.90 - $8.50

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	31,600	$134	$4.78	$4.10 - $5.68
Q2 2014	31,600	$178	$5.62	$4.96 - $6.77
Q1 2014	31,600	$158	$6.44	$4.90 - $8.50