LIFEWAY FOODS INC

Ticker: LWAY CUSIP: 531914109 Class: COM

WEDGE CAPITAL MANAGEMENT L L P/NC's Holding History (CIK: 0001015308)

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

Q1 2016

Shares 42,000 Value ($000) $455 Avg Close $11.30 Range $10.17 - $13.48

Q4 2015

Shares 43,700 Value ($000) $485 Avg Close $11.27 Range $9.88 - $12.56

Q3 2015

Shares 43,700 Value ($000) $458 Avg Close $14.65 Range $10.16 - $20.00

Q2 2015

Shares 32,900 Value ($000) $631 Avg Close $19.68 Range $17.20 - $21.90

Q1 2015

Shares 17,200 Value ($000) $368 Avg Close $19.13 Range $16.79 - $22.38

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	42,000	$455	$11.30	$10.17 - $13.48
Q4 2015	43,700	$485	$11.27	$9.88 - $12.56
Q3 2015	43,700	$458	$14.65	$10.16 - $20.00
Q2 2015	32,900	$631	$19.68	$17.20 - $21.90
Q1 2015	17,200	$368	$19.13	$16.79 - $22.38