GERMAN AMERN BANCORP INC

Ticker: GABC CUSIP: 373865104 Class: Common Stock

CLIFFORD SWAN INVESTMENT COUNSEL LLC's Holding History (CIK: 0001034642)

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

Q1 2016

Shares 10,913 Value ($000) $351 Avg Close $16.55 Range $15.33 - $17.41

Q4 2015

Shares 9,215 Value ($000) $307 Avg Close $16.83 Range $14.72 - $18.16

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	10,913	$351	$16.55	$15.33 - $17.41
Q4 2015	9,215	$307	$16.83	$14.72 - $18.16