INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

FISHMAN JAY A LTD/MI's Holding History (CIK: 0001006407)

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

Q4 2013

Shares 20,156 Value ($000) $3,780,661 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 13,050 Value ($000) $2,416,599 Avg Close $111.55 Range $106.48 - $117.56

Q2 2013

Shares 12,978 Value ($000) $2,480,226 Avg Close $118.94 Range $109.29 - $125.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	20,156	$3,780,661	$106.40	$101.46 - $111.01
Q3 2013	13,050	$2,416,599	$111.55	$106.48 - $117.56
Q2 2013	12,978	$2,480,226	$118.94	$109.29 - $125.13