KENNAMETAL INC

Ticker: KMT CUSIP: 489170100 Class: Common Stock

FIDUCIARY MANAGEMENT INC /WI/'s Holding History (CIK: 0000764532)

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

Q4 2015
Shares 1,386,157 Value ($000) $26,614 Avg Close $19.47 Range $13.39 - $22.18
Q3 2015
Shares 1,305,664 Value ($000) $32,498 Avg Close $22.37 Range $17.85 - $25.82
Q2 2015
Shares 1,416,607 Value ($000) $48,335 Avg Close $26.69 Range $24.57 - $29.63
Q1 2015
Shares 1,437,496 Value ($000) $48,429 Avg Close $25.02 Range $20.41 - $26.92
Q4 2014
Shares 1,254,409 Value ($000) $44,895 Avg Close $28.10 Range $24.55 - $31.01
Q3 2014
Shares 1,286,501 Value ($000) $53,145 Avg Close $32.24 Range $29.28 - $34.23
Q2 2014
Shares 1,975,226 Value ($000) $91,413 Avg Close $33.81 Range $31.11 - $35.91
Q1 2014
Shares 1,938,166 Value ($000) $85,861 Avg Close $33.32 Range $28.21 - $37.89
Q4 2013
Shares 1,951,841 Value ($000) $101,632 Avg Close $34.33 Range $31.18 - $38.03
Q3 2013
Shares 1,977,106 Value ($000) $90,156 Avg Close $31.38 Range $27.36 - $34.69
Q2 2013
Shares 1,951,521 Value ($000) $75,778 Avg Close $28.75 Range $25.47 - $31.60