GRAHAM HLDGS CO

Ticker: GHC CUSIP: 384637104 Class: Common Stock

Parkwood LLC's Holding History (CIK: 0001597823)

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

Q1 2017

Shares 539 Value ($000) $323 Avg Close $499.12 Range $459.77 - $551.04

Q4 2016

Shares 433 Value ($000) $222 Avg Close $444.66 Range $402.30 - $500.24

Q3 2015

Shares 392 Value ($000) $226 Avg Close $595.59 Range $510.07 - $650.41

Q2 2015

Shares 559 Value ($000) $601 Avg Close $568.21 Range $516.59 - $607.95

Q1 2015

Shares 256 Value ($000) $269 Avg Close $528.21 Range $450.57 - $595.27

Q4 2013

Shares 334 Value ($000) $222 Avg Close $339.79 Range $315.53 - $360.20

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	539	$323	$499.12	$459.77 - $551.04
Q4 2016	433	$222	$444.66	$402.30 - $500.24
Q3 2015	392	$226	$595.59	$510.07 - $650.41
Q2 2015	559	$601	$568.21	$516.59 - $607.95
Q1 2015	256	$269	$528.21	$450.57 - $595.27
Q4 2013	334	$222	$339.79	$315.53 - $360.20