MDU RES GROUP INC

Ticker: MDU CUSIP: 552690109 Class: COM

SPRUCEGROVE INVESTMENT MANAGEMENT LTD's Holding History (CIK: 0001234074)

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

Q4 2018

Shares 210,400 Value ($000) $5,016 Avg Close $7.88 Range $7.03 - $8.27

Q3 2018

Shares 417,500 Value ($000) $10,726 Avg Close $8.58 Range $7.77 - $9.02

Q2 2018

Shares 436,500 Value ($000) $12,519 Avg Close $8.49 Range $8.18 - $8.87

Q1 2018

Shares 492,000 Value ($000) $13,855 Avg Close $8.03 Range $7.29 - $8.53

Q4 2017

Shares 557,300 Value ($000) $14,980 Avg Close $8.04 Range $7.71 - $8.41

Q3 2017

Shares 636,000 Value ($000) $16,504 Avg Close $7.77 Range $7.44 - $8.20

Q2 2017

Shares 651,200 Value ($000) $17,061 Avg Close $7.92 Range $7.51 - $8.25

Q1 2017

Shares 840,800 Value ($000) $230,127 Avg Close $8.03 Range $7.53 - $8.67

Q4 2016

Shares 1,108,600 Value ($000) $31,894 Avg Close $7.89 Range $7.09 - $8.72

Q3 2016

Shares 2,465,700 Value ($000) $62,727 Avg Close $6.91 Range $6.46 - $7.47

Q2 2016

Shares 2,975,000 Value ($000) $71,400 Avg Close $6.12 Range $5.33 - $6.90

Q1 2016

Shares 3,176,900 Value ($000) $61,822 Avg Close $5.02 Range $4.40 - $5.57

Q4 2015

Shares 5,640,035 Value ($000) $103,325 Avg Close $5.10 Range $4.59 - $5.49

Q3 2015

Shares 6,133,961 Value ($000) $105,504 Avg Close $4.95 Range $4.48 - $5.44

Q2 2015

Shares 5,763,565 Value ($000) $112,562 Avg Close $5.79 Range $5.30 - $6.32

Q1 2015

Shares 5,217,065 Value ($000) $111,332 Avg Close $6.06 Range $5.47 - $6.65

Q4 2014

Shares 4,921,140 Value ($000) $115,647 Avg Close $6.84 Range $5.78 - $7.67

Q3 2014

Shares 4,286,780 Value ($000) $119,215 Avg Close $8.38 Range $7.36 - $9.47

Q2 2014

Shares 4,227,600 Value ($000) $148,388 Avg Close $9.15 Range $8.68 - $9.59

Q1 2014

Shares 4,266,050 Value ($000) $146,368 Avg Close $8.65 Range $7.84 - $9.29

Q4 2013

Shares 4,984,700 Value ($000) $152,282 Avg Close $7.80 Range $7.24 - $8.15

Q3 2013

Shares 5,095,300 Value ($000) $142,516 Avg Close $7.25 Range $6.78 - $7.90

Q2 2013

Shares 5,532,600 Value ($000) $143,350 Avg Close $6.58 Range $6.07 - $7.05

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	210,400	$5,016	$7.88	$7.03 - $8.27
Q3 2018	417,500	$10,726	$8.58	$7.77 - $9.02
Q2 2018	436,500	$12,519	$8.49	$8.18 - $8.87
Q1 2018	492,000	$13,855	$8.03	$7.29 - $8.53
Q4 2017	557,300	$14,980	$8.04	$7.71 - $8.41
Q3 2017	636,000	$16,504	$7.77	$7.44 - $8.20
Q2 2017	651,200	$17,061	$7.92	$7.51 - $8.25
Q1 2017	840,800	$230,127	$8.03	$7.53 - $8.67
Q4 2016	1,108,600	$31,894	$7.89	$7.09 - $8.72
Q3 2016	2,465,700	$62,727	$6.91	$6.46 - $7.47
Q2 2016	2,975,000	$71,400	$6.12	$5.33 - $6.90
Q1 2016	3,176,900	$61,822	$5.02	$4.40 - $5.57
Q4 2015	5,640,035	$103,325	$5.10	$4.59 - $5.49
Q3 2015	6,133,961	$105,504	$4.95	$4.48 - $5.44
Q2 2015	5,763,565	$112,562	$5.79	$5.30 - $6.32
Q1 2015	5,217,065	$111,332	$6.06	$5.47 - $6.65
Q4 2014	4,921,140	$115,647	$6.84	$5.78 - $7.67
Q3 2014	4,286,780	$119,215	$8.38	$7.36 - $9.47
Q2 2014	4,227,600	$148,388	$9.15	$8.68 - $9.59
Q1 2014	4,266,050	$146,368	$8.65	$7.84 - $9.29
Q4 2013	4,984,700	$152,282	$7.80	$7.24 - $8.15
Q3 2013	5,095,300	$142,516	$7.25	$6.78 - $7.90
Q2 2013	5,532,600	$143,350	$6.58	$6.07 - $7.05