KENNAMETAL INC

Ticker: KMT CUSIP: 489170100 Class: Common Stock

THIRD AVENUE MANAGEMENT LLC's Holding History (CIK: 0001099281)

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

Q3 2014

Shares 295,876 Value ($000) $12,223 Avg Close $32.24 Range $29.28 - $34.23

Q2 2014

Shares 295,876 Value ($000) $13,693 Avg Close $33.81 Range $31.11 - $35.91

Q1 2014

Shares 654,283 Value ($000) $28,985 Avg Close $33.32 Range $28.21 - $37.89

Q4 2013

Shares 800,873 Value ($000) $41,701 Avg Close $34.33 Range $31.18 - $38.03

Q3 2013

Shares 851,218 Value ($000) $38,816 Avg Close $31.38 Range $27.36 - $34.69

Q2 2013

Shares 1,124,578 Value ($000) $43,667 Avg Close $28.75 Range $25.47 - $31.60

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	295,876	$12,223	$32.24	$29.28 - $34.23
Q2 2014	295,876	$13,693	$33.81	$31.11 - $35.91
Q1 2014	654,283	$28,985	$33.32	$28.21 - $37.89
Q4 2013	800,873	$41,701	$34.33	$31.18 - $38.03
Q3 2013	851,218	$38,816	$31.38	$27.36 - $34.69
Q2 2013	1,124,578	$43,667	$28.75	$25.47 - $31.60