GALLAGHER ARTHUR J & CO

Ticker: AJG CUSIP: 363576109 Class: COM

New England Research & Management, Inc.'s Holding History (CIK: 0001596077)

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

Q2 2016

Shares 7,600 Value ($000) $362 Avg Close $39.55 Range $36.70 - $41.44

Q1 2016

Shares 10,700 Value ($000) $476 Avg Close $33.74 Range $30.29 - $37.98

Q4 2015

Shares 10,700 Value ($000) $438 Avg Close $35.98 Range $33.21 - $37.20

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	7,600	$362	$39.55	$36.70 - $41.44
Q1 2016	10,700	$476	$33.74	$30.29 - $37.98
Q4 2015	10,700	$438	$35.98	$33.21 - $37.20