GRAHAM CORP

Ticker: GHM CUSIP: 384556106 Class: COM

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q1 2016

Shares 14,800 Value ($000) $295 Avg Close $15.35 Range $12.56 - $17.76

Q4 2015

Shares 15,090 Value ($000) $254 Avg Close $15.26 Range $13.64 - $16.41

Q3 2015

Shares 15,090 Value ($000) $266 Avg Close $15.73 Range $13.65 - $17.82

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	14,800	$295	$15.35	$12.56 - $17.76
Q4 2015	15,090	$254	$15.26	$13.64 - $16.41
Q3 2015	15,090	$266	$15.73	$13.65 - $17.82