GRAINGER W W INC

Ticker: GWW CUSIP: 384802104 Class: COM

HS Management Partners, LLC's Holding History (CIK: 0001455253)

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

Q1 2015

Shares 519,196 Value ($000) $122,432 Avg Close $199.99 Range $191.51 - $214.86

Q4 2014

Shares 486,561 Value ($000) $124,020 Avg Close $205.91 Range $186.43 - $218.71

Q3 2014

Shares 325,231 Value ($000) $81,844 Avg Close $203.85 Range $191.62 - $212.51

Q2 2014

Shares 320,411 Value ($000) $75,345 Avg Close $211.37 Range $202.37 - $223.51

Q1 2014

Shares 152,660 Value ($000) $38,571 Avg Close $205.60 Range $187.55 - $219.85

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	519,196	$122,432	$199.99	$191.51 - $214.86
Q4 2014	486,561	$124,020	$205.91	$186.43 - $218.71
Q3 2014	325,231	$81,844	$203.85	$191.62 - $212.51
Q2 2014	320,411	$75,345	$211.37	$202.37 - $223.51
Q1 2014	152,660	$38,571	$205.60	$187.55 - $219.85