GERMAN AMERN BANCORP INC

Ticker: GABC CUSIP: 373865104 Class: Common Stock

MV CAPITAL MANAGEMENT, INC.'s Holding History (CIK: 0001633366)

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

Q4 2017

Shares 40 Value ($000) $1 Avg Close $29.61 Range $27.62 - $31.53

Q3 2017

Shares 40 Value ($000) $2 Avg Close $27.38 Range $24.85 - $31.03

Q2 2017

Shares 40 Value ($000) $1 Avg Close $25.76 Range $23.85 - $28.69

Q1 2017

Shares 27 Value ($000) $1 Avg Close $25.77 Range $23.02 - $28.35

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	40	$1	$29.61	$27.62 - $31.53
Q3 2017	40	$2	$27.38	$24.85 - $31.03
Q2 2017	40	$1	$25.76	$23.85 - $28.69
Q1 2017	27	$1	$25.77	$23.02 - $28.35