GRAY TELEVISION INC

Ticker: GTN CUSIP: 389375106 Class: Common Stock

DRIEHAUS CAPITAL MANAGEMENT LLC's Holding History (CIK: 0000938206)

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

Q3 2015

Shares 132,000 Value ($000) $1,684 Avg Close $14.21 Range $10.38 - $18.07

Q2 2013

Shares 50,000 Value ($000) $360 Avg Close $5.99 Range $4.37 - $7.49

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	132,000	$1,684	$14.21	$10.38 - $18.07
Q2 2013	50,000	$360	$5.99	$4.37 - $7.49