INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

PKO Investment Management Joint-Stock Co's Holding History (CIK: 0002059321)

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

Q3 2014

Shares 5,432 Value ($000) $1,031 Avg Close $114.33 Range $108.62 - $117.41

Q2 2014

Shares 5,432 Value ($000) $985 Avg Close $112.28 Range $107.17 - $118.40

Q1 2014

Shares 5,432 Value ($000) $1,046 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 5,432 Value ($000) $1,019 Avg Close $106.40 Range $101.46 - $111.01

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	5,432	$1,031	$114.33	$108.62 - $117.41
Q2 2014	5,432	$985	$112.28	$107.17 - $118.40
Q1 2014	5,432	$1,046	$109.22	$101.79 - $116.27
Q4 2013	5,432	$1,019	$106.40	$101.46 - $111.01