INTERNATIONAL BANCSHARES COR

Ticker: IBOC CUSIP: 459044103 Class: Common Stock

WS MANAGEMENT LLLP's Holding History (CIK: 0000877338)

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

Q4 2014

Shares 50,000 Value ($000) $1,327 Avg Close $19.33 Range $17.42 - $21.39

Q3 2014

Shares 150,000 Value ($000) $3,700 Avg Close $19.37 Range $17.55 - $20.80

Q2 2014

Shares 403,600 Value ($000) $10,897 Avg Close $18.15 Range $16.52 - $20.08

Q1 2014

Shares 100,000 Value ($000) $2,508 Avg Close $17.78 Range $15.56 - $19.53

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	50,000	$1,327	$19.33	$17.42 - $21.39
Q3 2014	150,000	$3,700	$19.37	$17.55 - $20.80
Q2 2014	403,600	$10,897	$18.15	$16.52 - $20.08
Q1 2014	100,000	$2,508	$17.78	$15.56 - $19.53