ITT EDUCATIONAL SERVICES INC

Ticker: ESINQ CUSIP: 45068B109 Class: COM

Arizona State Retirement System's Holding History (CIK: 0001558481)

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

Q2 2014

Shares 13,000 Value ($000) $216 Avg Close $22.79 Range $16.20 - $29.89

Q1 2014

Shares 12,800 Value ($000) $367 Avg Close $33.09 Range $26.73 - $45.80

Q4 2013

Shares 14,500 Value ($000) $486 Avg Close $35.90 Range $27.97 - $42.80

Q3 2013

Shares 16,200 Value ($000) $502 Avg Close $28.19 Range $23.82 - $31.85

Q2 2013

Shares 14,800 Value ($000) $361 Avg Close $20.57 Range $11.95 - $28.52

Q1 2013

Shares 13,700 Value ($000) $188 Avg Close $15.26 Range $11.69 - $19.49

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	13,000	$216	$22.79	$16.20 - $29.89
Q1 2014	12,800	$367	$33.09	$26.73 - $45.80
Q4 2013	14,500	$486	$35.90	$27.97 - $42.80
Q3 2013	16,200	$502	$28.19	$23.82 - $31.85
Q2 2013	14,800	$361	$20.57	$11.95 - $28.52
Q1 2013	13,700	$188	$15.26	$11.69 - $19.49