INSTEEL INDUSTRIES INC

Ticker: IIIN CUSIP: 45774W108 Class: Common Stock

VAN DEN BERG MANAGEMENT I, INC's Holding History (CIK: 0001142062)

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

Q4 2014

Shares 485,499 Value ($000) $11,448 Avg Close $13.83 Range $11.81 - $15.43

Q3 2014

Shares 1,004,036 Value ($000) $20,643 Avg Close $13.17 Range $11.25 - $15.04

Q2 2014

Shares 1,064,914 Value ($000) $20,926 Avg Close $12.50 Range $11.54 - $15.00

Q1 2014

Shares 1,077,998 Value ($000) $21,204 Avg Close $12.14 Range $11.06 - $14.00

Q4 2013

Shares 1,087,713 Value ($000) $24,724 Avg Close $11.12 Range $9.52 - $14.31

Q3 2013

Shares 1,104,503 Value ($000) $17,783 Avg Close $10.35 Range $9.34 - $11.20

Q2 2013

Shares 1,117,493 Value ($000) $19,578 Avg Close $10.58 Range $8.61 - $11.92

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	485,499	$11,448	$13.83	$11.81 - $15.43
Q3 2014	1,004,036	$20,643	$13.17	$11.25 - $15.04
Q2 2014	1,064,914	$20,926	$12.50	$11.54 - $15.00
Q1 2014	1,077,998	$21,204	$12.14	$11.06 - $14.00
Q4 2013	1,087,713	$24,724	$11.12	$9.52 - $14.31
Q3 2013	1,104,503	$17,783	$10.35	$9.34 - $11.20
Q2 2013	1,117,493	$19,578	$10.58	$8.61 - $11.92