INTERNATIONAL BANCSHARES COR

Ticker: IBOC CUSIP: 459044103 Class: Common Stock

Connor, Clark & Lunn Investment Management Ltd.'s Holding History (CIK: 0001596800)

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

Q1 2017

Shares 15,350 Value ($000) $543 Avg Close $29.59 Range $26.24 - $32.87

Q4 2016

Shares 22,750 Value ($000) $928 Avg Close $28.04 Range $23.03 - $33.20

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	15,350	$543	$29.59	$26.24 - $32.87
Q4 2016	22,750	$928	$28.04	$23.03 - $33.20