LIQUIDITY SERVICES INC

Ticker: LQDT CUSIP: 53635B107 Class: Common Stock

Employees Retirement System of Texas's Holding History (CIK: 0001398739)

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

Q1 2014

Shares 69,000 Value ($000) $1,797 Avg Close $24.32 Range $20.24 - $27.33

Q4 2013

Shares 69,000 Value ($000) $1,564 Avg Close $25.16 Range $20.37 - $33.83

Q3 2013

Shares 93,000 Value ($000) $3,121 Avg Close $31.80 Range $27.26 - $38.31

Q2 2013

Shares 93,000 Value ($000) $3,224 Avg Close $34.41 Range $28.72 - $40.90

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	69,000	$1,797	$24.32	$20.24 - $27.33
Q4 2013	69,000	$1,564	$25.16	$20.37 - $33.83
Q3 2013	93,000	$3,121	$31.80	$27.26 - $38.31
Q2 2013	93,000	$3,224	$34.41	$28.72 - $40.90