GRAND CANYON ED INC

Ticker: LOPE CUSIP: 38526M106 Class: COM

SCHRODER INVESTMENT MANAGEMENT GROUP's Holding History (CIK: 0001086619)

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

Q3 2014

Shares 700 Value ($000) $28,539 Avg Close $43.51 Range $40.24 - $47.76

Q2 2014

Shares 700 Value ($000) $32,179 Avg Close $45.02 Range $41.63 - $47.89

Q1 2014

Shares 49,900 Value ($000) $2,330,330 Avg Close $46.34 Range $41.71 - $51.12

Q4 2013

Shares 186,500 Value ($000) $8,131,400 Avg Close $43.87 Range $38.50 - $50.48

Q3 2013

Shares 206,200 Value ($000) $8,297,488 Avg Close $35.67 Range $32.33 - $40.80

Q2 2013

Shares 217,300 Value ($000) $7,003,579 Avg Close $28.81 Range $23.09 - $34.07

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	700	$28,539	$43.51	$40.24 - $47.76
Q2 2014	700	$32,179	$45.02	$41.63 - $47.89
Q1 2014	49,900	$2,330,330	$46.34	$41.71 - $51.12
Q4 2013	186,500	$8,131,400	$43.87	$38.50 - $50.48
Q3 2013	206,200	$8,297,488	$35.67	$32.33 - $40.80
Q2 2013	217,300	$7,003,579	$28.81	$23.09 - $34.07