GRACO INC

Ticker: GGG CUSIP: 384109104 Class: EQTY

Mawer Investment Management Ltd.'s Holding History (CIK: 0001538449)

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

Q3 2014

Shares 17,551 Value ($000) $1,281 Avg Close $21.66 Range $20.60 - $22.71

Q2 2014

Shares 195,685 Value ($000) $15,279 Avg Close $21.05 Range $20.01 - $22.25

Q1 2014

Shares 246,158 Value ($000) $18,398 Avg Close $21.24 Range $18.46 - $22.37

Q4 2013

Shares 244,148 Value ($000) $19,073 Avg Close $21.64 Range $20.52 - $22.49

Q3 2013

Shares 300,025 Value ($000) $22,220 Avg Close $19.82 Range $17.61 - $21.02

Q2 2013

Shares 299,930 Value ($000) $18,959 Avg Close $16.98 Range $15.11 - $18.34

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	17,551	$1,281	$21.66	$20.60 - $22.71
Q2 2014	195,685	$15,279	$21.05	$20.01 - $22.25
Q1 2014	246,158	$18,398	$21.24	$18.46 - $22.37
Q4 2013	244,148	$19,073	$21.64	$20.52 - $22.49
Q3 2013	300,025	$22,220	$19.82	$17.61 - $21.02
Q2 2013	299,930	$18,959	$16.98	$15.11 - $18.34