GALLAGHER ARTHUR J & CO

Ticker: AJG CUSIP: 363576109 Class: COM

Murphy Pohlad Asset Management LLC's Holding History (CIK: 0001569148)

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

Q4 2014

Shares 4,500 Value ($000) $211 Avg Close $38.03 Range $35.07 - $40.13

Q3 2014

Shares 4,500 Value ($000) $204 Avg Close $37.00 Range $35.50 - $38.49

Q2 2014

Shares 4,500 Value ($000) $209 Avg Close $36.40 Range $34.22 - $38.53

Q1 2014

Shares 4,500 Value ($000) $214 Avg Close $36.99 Range $34.79 - $39.33

Q4 2013

Shares 4,500 Value ($000) $211 Avg Close $36.51 Range $34.17 - $38.03

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	4,500	$211	$38.03	$35.07 - $40.13
Q3 2014	4,500	$204	$37.00	$35.50 - $38.49
Q2 2014	4,500	$209	$36.40	$34.22 - $38.53
Q1 2014	4,500	$214	$36.99	$34.79 - $39.33
Q4 2013	4,500	$211	$36.51	$34.17 - $38.03