LILLY ELI & CO

Ticker: LLY CUSIP: 532457108 Class: COM

Palisades Investment Partners, LLC's Holding History (CIK: 0001427373)

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

Q2 2014

Shares 18,900 Value ($000) $1,175,013,000 Avg Close $48.02 Range $45.95 - $51.21

Q1 2014

Shares 26,000 Value ($000) $1,530,360 Avg Close $44.54 Range $40.12 - $48.17

Q4 2013

Shares 17,000 Value ($000) $869 Avg Close $39.58 Range $37.37 - $40.99

Q3 2013

Shares 22,300 Value ($000) $1,122 Avg Close $40.99 Range $38.39 - $44.43

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	18,900	$1,175,013,000	$48.02	$45.95 - $51.21
Q1 2014	26,000	$1,530,360	$44.54	$40.12 - $48.17
Q4 2013	17,000	$869	$39.58	$37.37 - $40.99
Q3 2013	22,300	$1,122	$40.99	$38.39 - $44.43