LAMAR ADVERTISING CO

CUSIP: 512815101 Class: LAMR

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q3 2014
Shares 18,600 Value ($000) $916 Avg Close — Range —
Q2 2014
Shares 18,100 Value ($000) $959 Avg Close — Range —
Q1 2014
Shares 18,100 Value ($000) $923 Avg Close — Range —
Q4 2013
Shares 17,800 Value ($000) $930 Avg Close — Range —
Q3 2013
Shares 9,100 Value ($000) $428 Avg Close — Range —