HERCULES CAPITAL INC

Ticker: HTGC CUSIP: 427096508 Class: COM

Laffer Tengler Investments, Inc.'s Holding History (CIK: 0001307878)

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

Q4 2014

Shares 816,565 Value ($000) $12,150,487 Avg Close $15.09 Range $13.14 - $16.20

Q3 2014

Shares 762,533 Value ($000) $11,026,227 Avg Close $15.83 Range $14.35 - $16.99

Q2 2014

Shares 669,846 Value ($000) $10,824,711 Avg Close $14.64 Range $12.95 - $16.31

Q1 2014

Shares 581,511 Value ($000) $8,181,859 Avg Close $15.67 Range $14.05 - $16.63

Q4 2013

Shares 523,631 Value ($000) $8,587,552 Avg Close $16.14 Range $14.78 - $17.25

Q3 2013

Shares 470,025 Value ($000) $7,167,877 Avg Close $14.50 Range $13.60 - $15.64

Q2 2013

Shares 397,223 Value ($000) $5,537,288 Avg Close $13.02 Range $11.57 - $14.25

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	816,565	$12,150,487	$15.09	$13.14 - $16.20
Q3 2014	762,533	$11,026,227	$15.83	$14.35 - $16.99
Q2 2014	669,846	$10,824,711	$14.64	$12.95 - $16.31
Q1 2014	581,511	$8,181,859	$15.67	$14.05 - $16.63
Q4 2013	523,631	$8,587,552	$16.14	$14.78 - $17.25
Q3 2013	470,025	$7,167,877	$14.50	$13.60 - $15.64
Q2 2013	397,223	$5,537,288	$13.02	$11.57 - $14.25