INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

Hamlin Capital Management, LLC's Holding History (CIK: 0001277403)

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

Q3 2018

Shares 617,920 Value ($000) $93,436 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 631,862 Value ($000) $88,271 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 643,017 Value ($000) $98,658 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 461,836 Value ($000) $70,855 Avg Close $102.11 Range $96.94 - $108.49

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	617,920	$93,436	$101.25	$95.14 - $106.71
Q2 2018	631,862	$88,271	$99.95	$94.63 - $110.30
Q1 2018	643,017	$98,658	$107.30	$98.32 - $115.38
Q4 2017	461,836	$70,855	$102.11	$96.94 - $108.49