AUTOMATIC DATA PROCESSING

CUSIP: 53015103 Class: COMMON STOCK USD.1

SALEM INVESTMENT COUNSELORS INC's Holding History (CIK: 0000884423)

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

Q4 2013
Shares 4,871 Value ($000) $394 Avg Close — Range —
Q3 2013
Shares 4,621 Value ($000) $334 Avg Close — Range —
Q2 2013
Shares 4,623 Value ($000) $318 Avg Close — Range —