KADANT INC

Ticker: KAI CUSIP: 48282T104 Class: Common Stock

Hanson & Doremus Investment Management's Holding History (CIK: 0001393944)

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

Q1 2015

Shares 110 Value ($000) $6 Avg Close $40.18 Range $35.97 - $48.68

Q4 2014

Shares 110 Value ($000) $5 Avg Close $36.68 Range $32.78 - $40.25

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	110	$6	$40.18	$35.97 - $48.68
Q4 2014	110	$5	$36.68	$32.78 - $40.25