HORMEL FOODS CORP

Ticker: HRL CUSIP: 440452100 Class: COM

Douglass Winthrop Advisors, LLC's Holding History (CIK: 0001308527)

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

Q2 2017

Shares 22,000 Value ($000) $750 Avg Close $27.67 Range $26.44 - $28.51

Q1 2017

Shares 17,600 Value ($000) $609 Avg Close $28.51 Range $27.16 - $30.36

Q4 2016

Shares 13,400 Value ($000) $466 Avg Close $28.71 Range $26.40 - $30.91

Q3 2016

Shares 7,400 Value ($000) $281 Avg Close $29.43 Range $28.44 - $31.71

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	22,000	$750	$27.67	$26.44 - $28.51
Q1 2017	17,600	$609	$28.51	$27.16 - $30.36
Q4 2016	13,400	$466	$28.71	$26.40 - $30.91
Q3 2016	7,400	$281	$29.43	$28.44 - $31.71